What does the company do?

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We are an energy and resource development company focused on helium, hydrogen, and related technologies in the southwestern United States. Our principal operations are in Arizona and New Mexico. Core Business Our primary focus is the exploration, development, and production of helium and hydrogen. We hold interests in helium fields in Arizona, including the McCauley Helium Field, where we are advancing well stimulation and production activities. We also discovered hydrogen showings on our Gunnar Dome prospect in Arizona. Assets and Operations We control five wholly owned active subsidiaries: Desert Energy Corp. (for exploration and development of southwestern U.S. properties), Desert Mountain Trucking LLC (Arizona trucking assets), Saguaro Family Land Company (Arizona), Desert Energy UK Ltd., and Desert Mountain Midstream LLC (which holds our New Mexico plant assets and midstream assets, purchased July 1, 2023). We own approximately 154 acres near Roswell, New Mexico, intended for multi-use development. In May 2026, we entered into a 25-year lease agreement (plus optional five-year extension) with Roswell Information Park LLC for a proposed off-grid data center on this property. Under this agreement, we receive a 5% management fee on all natural gas used by the facility and a 2% management fee on any excess electricity returned to the power grid, with significant penalty provisions if the tenant withdraws within the first 24 months. Strategic Direction We are advancing innova