Desert Mountain Energy (DME) has entered into a Memorandum of Understanding with the city of Flagstaff for mutual cooperation and strategic development of helium and hydrocarbon resources in the greater Flagstaff region and Coconino County, Arizona.
Under the agreement, with an initial one-year term, both parties will evaluate potential resources and potentially develop reasonable plans for strategic development.
Flagstaff is the largest city in Northern Arizona and and is the county seat for Coconino County. It has over 64 square miles of prospective ground for helium and hydrocarbons at the base of the San Francisco Peaks.
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