DESERT MOUNTAIN ENERGY: ARIZONA SENATE COMMITTEE PASSES RESPONSIBLE HELIUM EXPLORATION AND PRODUCTION BILL
Desert Mountain Energy (DMEHF) announced significant progress on Senate Bill 1444, which aims to regulate helium exploration in Arizona. The bill passed the Senate Committee on Natural Resources with a 5-2 vote on February 11, 2025, and has advanced to the Rules Committee. The legislation requires helium operations to be designed and operated without discharging contaminants into aquifers.
The bill has received strong support from key organizations including the Arizona Chamber of Commerce, Arizona Technology Council, and Americans for Prosperity. It aims to provide a new revenue source for education in economically challenged Arizona counties while establishing clear regulations for helium extraction.
The company, primarily focused on helium, hydrogen, and natural gas exploration and production, remains committed to working with legislators and regulators to ensure safe development of Arizona's helium resources.
Desert Mountain Energy (DMEHF) ha annunciato progressi significativi sul disegno di legge del Senato 1444, che mira a regolamentare l'esplorazione dell'elio in Arizona. Il disegno di legge è stato approvato dalla Commissione del Senato sulle Risorse Naturali con un voto di 5-2 l'11 febbraio 2025 ed è passato alla Commissione Regole. La legislazione richiede che le operazioni di estrazione dell'elio siano progettate e gestite senza scaricare contaminanti nelle falde acquifere.
Il disegno di legge ha ricevuto un forte sostegno da parte di organizzazioni chiave, tra cui la Camera di Commercio dell'Arizona, il Consiglio Tecnologico dell'Arizona e Americans for Prosperity. Mira a fornire una nuova fonte di entrate per l'istruzione nei contesti economici difficili delle contee dell'Arizona, stabilendo al contempo regolamenti chiari per l'estrazione dell'elio.
L'azienda, principalmente focalizzata sull'esplorazione e produzione di elio, idrogeno e gas naturale, rimane impegnata a collaborare con legislatori e regolatori per garantire uno sviluppo sicuro delle risorse di elio dell'Arizona.
Desert Mountain Energy (DMEHF) anunció avances significativos sobre el Proyecto de Ley del Senado 1444, que tiene como objetivo regular la exploración de helio en Arizona. El proyecto fue aprobado por la Comisión del Senado de Recursos Naturales con un voto de 5-2 el 11 de febrero de 2025, y ha pasado a la Comisión de Reglas. La legislación exige que las operaciones de helio se diseñen y gestionen sin descargar contaminantes en los acuíferos.
El proyecto de ley ha recibido un fuerte apoyo de organizaciones clave, incluyendo la Cámara de Comercio de Arizona, el Consejo de Tecnología de Arizona y Americans for Prosperity. Su objetivo es proporcionar una nueva fuente de ingresos para la educación en los condados de Arizona con dificultades económicas, al tiempo que establece regulaciones claras para la extracción de helio.
La empresa, que se centra principalmente en la exploración y producción de helio, hidrógeno y gas natural, sigue comprometida a trabajar con legisladores y reguladores para garantizar un desarrollo seguro de los recursos de helio de Arizona.
Desert Mountain Energy (DMEHF)는 아리조나에서 헬륨 탐사를 규제하기 위한 상원 법안 1444에 대한 중요한 진전을 발표했습니다. 이 법안은 2025년 2월 11일 자연 자원 위원회에서 5대 2로 통과되었으며 규칙 위원회로 넘어갔습니다. 이 법안은 헬륨 작업이 수원에 오염 물질을 방출하지 않도록 설계되고 운영되어야 한다고 요구합니다.
이 법안은 아리조나 상공회의소, 아리조나 기술 위원회 및 Americans for Prosperity와 같은 주요 조직의 강력한 지지를 받았습니다. 이는 경제적으로 어려운 아리조나 카운티의 교육을 위한 새로운 수익원을 제공하고 헬륨 추출에 대한 명확한 규정을 설정하는 것을 목표로 합니다.
헬륨, 수소 및 천연 가스 탐사 및 생산에 주로 집중하는 이 회사는 아리조나의 헬륨 자원의 안전한 개발을 보장하기 위해 입법자 및 규제 기관과 협력할 것을 다짐하고 있습니다.
Desert Mountain Energy (DMEHF) a annoncé des progrès significatifs concernant le projet de loi 1444 du Sénat, qui vise à réglementer l'exploration de l'hélium en Arizona. Le projet de loi a été adopté par la Commission du Sénat des ressources naturelles par un vote de 5 à 2 le 11 février 2025, et il a été transmis à la Commission des règles. La législation exige que les opérations d'hélium soient conçues et gérées sans décharger de contaminants dans les aquifères.
Le projet de loi a reçu un fort soutien d'organisations clés, y compris la Chambre de commerce de l'Arizona, le Conseil technologique de l'Arizona et Americans for Prosperity. Il vise à fournir une nouvelle source de revenus pour l'éducation dans les comtés économiquement défavorisés de l'Arizona tout en établissant des réglementations claires pour l'extraction de l'hélium.
L'entreprise, principalement axée sur l'exploration et la production d'hélium, d'hydrogène et de gaz naturel, reste engagée à travailler avec les législateurs et les régulateurs pour garantir un développement sûr des ressources en hélium de l'Arizona.
Desert Mountain Energy (DMEHF) hat bedeutende Fortschritte beim Gesetzesentwurf 1444 des Senats angekündigt, der die Heliumexploration in Arizona regulieren soll. Der Entwurf wurde am 11. Februar 2025 mit 5 zu 2 Stimmen von der Senatskommission für natürliche Ressourcen genehmigt und ist an die Regelnkommission weitergeleitet worden. Die Gesetzgebung verlangt, dass Heliumoperationen so gestaltet und betrieben werden, dass keine Schadstoffe in die Aquiferen gelangen.
Der Gesetzentwurf hat starke Unterstützung von wichtigen Organisationen wie der Handelskammer von Arizona, dem Technologierat von Arizona und Americans for Prosperity erhalten. Ziel ist es, eine neue Einnahmequelle für die Bildung in wirtschaftlich benachteiligten Landkreisen in Arizona zu schaffen und gleichzeitig klare Vorschriften für die Heliumförderung festzulegen.
Das Unternehmen, das sich hauptsächlich auf die Erkundung und Produktion von Helium, Wasserstoff und Erdgas konzentriert, bleibt bestrebt, mit Gesetzgebern und Aufsichtsbehörden zusammenzuarbeiten, um eine sichere Entwicklung der Heliumressourcen in Arizona zu gewährleisten.
- Senate Bill 1444 advancing with strong industry support (5-2 vote)
- Potential new revenue stream from helium operations for Arizona education
- Progress toward clearer regulatory framework for helium operations
- None.
TSXV: DME
The proposed legislation has garnered strong support from key industry organizations, including the
"We are pleased with the progress of Senate Bill 1444 and the support it has received from key industry organizations," comments Robert Rohlfing, CEO and Executive Chairman of DME. "This legislation represents an important step towards establishing clear and concise regulations for helium extraction in
Additionally, this bill helps to provide a viable new source of revenue for the state to support education in some of the most economically challenged counties in
DME expresses its gratitude for the backing received from industry partners and advocacy groups who have actively participated in this legislative process. The Company remains committed to engaging in meaningful dialogue with both House and Senate members, addressing their insightful questions, and continuing discussions with
This collaborative effort aims to balance economic opportunities with environmental stewardship, ensuring
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ABOUT DESERT MOUNTAIN ENERGY
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on the exploration, development and production of helium, hydrogen, natural gas and condensate. The Company is focused on helium extraction from different raw gas sources in an environmental and economic manner supplying elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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SOURCE Desert Mountain Energy Corp.
FAQ
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