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GEE Group Partners with DME for Strategic Energy Development in New Mexico

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Cashu
2 days ago
Cashu TLDR
  • Desert Mountain Energy Corp. partners with Roswell Information Park to acquire all natural gas from the West Pecos Field.
  • DME plans to generate 100 to 200 megawatts of power, potentially expanding to over 500 MW by 2026.
  • DME collaborates on hydrogen projects and seeks infrastructure grants to enhance sustainability and economic growth in New Mexico.

Desert Mountain Energy Corp. Enhances Regional Growth Through Strategic Energy Partnership

Desert Mountain Energy Corp. (DME) forges a pivotal agreement with Roswell Information Park LLC to acquire all natural gas produced in the West Pecos Field, thereby establishing Roswell as the primary buyer for gas entering its pipeline network. This strategic collaboration not only paves the way for enhanced energy production but also positions DME to receive management fees for gas not produced by its operations. The partnership extends to Sustany LLC and various governmental authorities, demonstrating a collective commitment to job creation and infrastructure development in the region. As the energy landscape in New Mexico evolves, DME's initiatives reflect a proactive approach to leverage local resources while promoting sustainable practices.

The proposed Roswell Information Park is set to play a crucial role in DME's long-term strategy, with initial power generation projected between 100 to 200 megawatts (MW) and potential expansion to over 500 MW. This ambitious project aims to not only supply energy but also facilitate discussions for selling surplus power back to the New Mexico power grid, further integrating DME into the state's energy framework. CEO Robert Rohlfing underscores the importance of this initiative, emphasizing that the construction of the park, slated to commence in the first quarter of 2026, will serve as a catalyst for new revenue streams and job opportunities, ultimately driving sustainable growth for the region.

DME’s partnership with Sustany to explore hydrogen assets at the West Pecos Field reinforces its commitment to sustainable energy solutions. This forward-thinking approach aligns with broader industry trends towards renewable energy and innovation. In addition, Sustany’s exploration of the McCauley Field area in Arizona and the potential establishment of smaller data centers on DME's properties illustrate a multifaceted strategy to optimize land use and stimulate economic growth. By diversifying its energy portfolio and investing in infrastructure, Desert Mountain Energy Corp. positions itself as a vital player in the evolving energy sector while contributing significantly to regional economic development.

In tandem with these initiatives, DME, Sustany, and Roswell are actively pursuing various state and federal infrastructure grant programs to bolster their projects. This collaborative effort not only enhances their capacity to fund ambitious plans but also underscores their commitment to fostering long-term sustainability and growth in New Mexico's energy landscape. As DME continues to expand its influence, the focus remains steadfast on creating jobs and driving innovation within the community.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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