In this deep-dive interview, Mendell Helium CEO Nick Tulloch explains the company’s unique positioning in the rapidly evolving helium market.
- First helium production at the Rost Well targeted for Q3 2025.
- Strong flow rates and expansion opportunities at Hugoton.
- Preparing for an AIM listing to open up UK investor access.
From proven production in Kansas’s Hugoton Field to the high-impact potential of the Rost well near Fort Dodge. Learn about Mendel’s strategy to deliver near-term cash flow and long-term growth and how Mendel plans to scale profitably.
00:00 — Introduction to Nick Tulloch and Mendel Helium
00:34 — Overview of Mendel Helium Nick outlines Mendel Helium’s listing, operations in Kansas, and potential move to AIM to enhance market access.
01:46 — Understanding Helium Market Dynamics
04:58 — Importance of Infrastructure and Location Nick explains how proximity to infrastructure and customers critically impacts helium project economics.
10:04 — Geology & Production Strategy in Kansas
14:04 — The Hugoton Field: Size, History, and Opportunity Deep dive into the Hugoton Gas Field’s scale, history, and Mendel’s strategy to exploit transition zones for better well performance.
24:04 — Scout Energy Partnership and Land Access Mendel’s farm-in agreement with Scout Energy, first rights to over 1 million acres, and the greenfield drilling opportunity.
32:14 — The Fort Dodge (Rost Well) Opportunity Higher helium concentrations, operational challenges, and near-term cash flow expectations. 39:04 — Strategy: Balancing Short-Term Gains and Long-Term Growth
45:00 — Future Growth and Scaling Plans Plans for expansion in both Hugoton and Fort Dodge areas, including farm-outs, new well targets, and broader strategic moves.
50:00 — Investment Case for Mendel Helium Nick summarizes why Mendell represents an attractive opportunity for investors: existing production, near-term cash flow, and significant undervaluation compared to peers.
