Desert Mountain Energy announced the purchase of an additional 40 acres of land for the drilling of developmental wells with plans to begin work this month. The Company is continuing to pursue ownership of acreage surrounding future well locations, believing it is in the best interests of both local landowners and the Company. The permitting process was previously started for the next well in the McCauley field and it is expected to have that permit shortly.
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5-day change | 1st Jan Change | ||
0.255 CAD | +8.51% | +6.25% | -23.88% |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-23.88% | 15.48M | |
+7.91% | 214B | |
-13.78% | 52.26B | |
+20.42% | 12B | |
+48.18% | 8.6B | |
-1.75% | 4.1B | |
+21.44% | 3.38B | |
+25.90% | 3.37B | |
+6.68% | 1.78B | |
-9.74% | 1.77B |
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- Desert Mountain Energy Corp. Acquires 40 Acres of Land for Wells in the Mccauley Field