In this exclusive interview, StockBoxMedia speaks with Nick Tulloch, CEO of Mendell Helium, about the company’s latest milestones and bold plans for the future. With the all-important disposal well permit now granted, production at the Rost Well project is set to begin within weeks.
Nick also discusses Mendell’s expansion strategy and an exciting new initiative to power Bitcoin mining using waste methane from helium wells.
In this video:
- Rost Well project moves into final production phase
- Mendell’s land expansion and multi-well ambitions
- Turning waste gas into digital assets with Bitcoin mining
Nick Tulloch, Chief Executive Officer of Mendell Helium and Chairman of M3 Helium, said: “Although we were confident of obtaining approval, receipt of the permit for Brobee SWD nevertheless represents a significant milestone for M3 Helium. The success of Rost will always be contingent on water disposal and M3 Helium can now be satisifed that its proposed solution is both tested and permitted. Final preparations to commence production at Rost are now underway including the connection of Rost to Brobee SWD, along with the installation of water tanks and a pump.
The development of Rost and the nearby area is an important part of M3 Helium’s strategy and so I am pleased to report it is proceeding to plan. As I have said before, the amount of water disposal achieved at the Brobee SWD exceeded M3 Helium’s expectations and, as it develops offset wells in the Fort Dodge region, it has potential excess capacity that could be applied to save both time and costs.”
