In this interview, CEO Nick Tulloch discusses Mendell Helium’s operational progress at Rost, plans to drill a second twin well with wider casing, and optionality around drilling at Enlow in the Fort Dodge region.
He also provides an update on the company’s planned AIM listing, funding position, US investor participation, and a potential partnership to bring a shut-in well back into production using Mendell’s dewatering technique.
Key topics discussed
- Rost helium production and optimisation updates
- Second “twin” well strategy and surface facility scaling
- Enlow drilling plans and lease strategy
- US investor co-funding discussions Shut-in well reactivation opportunity
- AIM admission timeline and next milestones
Nick Tulloch, Chief Executive Officer of Mendell Helium and Chairman of M3 Helium, said: “The past month has seen a considerable step forward in several of our initiatives. We are now in sight of publication of the AIM admission document, culminating what has been a lengthy process which we have run alongside the ongoing development of M3 Helium’s operations in Kansas.
“Those operations are also reaching the next stage, building on our learnings from the Rost well in Fort Dodge. M3 Helium is currently obtaining permits to drill two new wells, one twinned at Rost itself and the other at the nearby Enlow lease, also believed to be prospective for the Morrow sands which have been so important to Rost. Alongside that, discussions to partner with a local operator in de-watering a shut-in well and bringing that back to production are progressing well. March is expected to be a key period for operational and corporate progress for the Company.”
