Desert Mountain Energy Corp. (TSXV:DME) signed a binding letter of intent to acquire Pecos Slope West Abo Gas Field located in Chaves County, New Mexico for $2 million on June 19, 2023. Desert Mountain Energy also acquires gas gathering system at same location for $0.5 million. The company will close the purchase on June 30, 2023, from a privately held company and will immediately assume operations and revenue from the existing 188 gas wells and 1 water disposal well.

Desert Mountain Energy Corp. (TSXV:DME) completed the acquisition of Pecos Slope West Abo Gas Field located in Chaves County, New Mexico on July 6, 2023.