Yesterday marked a major milestone for #MDH as we commenced our admission to trading on AIM 🎉
"As we enter this exciting new phase of growth, we look forward to keeping the market updated as our programme of new wells progresses over the coming months." Nick Tulloch, CEO
#MDH@MendellHelium - Operational Update
✅ Rig on-site to perforate the targeted helium production zones at Rost 2-26 well
✅ Brobee SWD well expanded down to the Arbuckle formation, doubling its water disposal capacity to 10,000 barrels per day, making it sufficient for both Rost wells
✅ Drilling underway at a new disposal well to support the recompletion of the Schneweis Ventures 13A well, a joint venture with Ritchie Exploration, Inc
#helium #heliumsupplysqueeze #industrialgas #fortdodge #kansas
read: https://t.co/NxaPk2mY7n
#MDH@MendellHelium secures two further leases in Fort Dodge
✅ Durler & Leffert leases located very close to @M3Helium’s existing Bleumer & Enlow leases, around 4 miles from Rost 1-26 & Rost 2-26 well sites
✅ Leases obtained for a modest cash consideration
Mendell Helium CEO @NickTulloch2 “Since raising £5 million in an institution-led fundraise, we have moved quickly to put preparations in place for our forthcoming expansion of Fort Dodge...
#helium #kansas
read: https://t.co/QqKafsPe9s
✅ Further leases secured in Fort Dodge
“The Durler & Leffert leases are strategically located near M3 Helium's existing land holdings which, in time, may enable M3 Helium to achieve some cost savings in its development plans…” CEO Nick Tulloch.
RNS: https://t.co/pc3KJkPAlp
🔔 Mendell Helium has secured a 265 Mcf capacity jumbo tube trailer for helium delivery from its Rost 1-26 and Rost Twin wells, enhancing its delivery capability to 425 Mcf alongside existing storage.
Read more: https://t.co/bgZ0BnW8O4 #MDH
✅Mendell Helium has announced the successful conclusion of drilling operations for the Rost twin well, reaching a total depth of 5,571 feet with completion on budget and on time.
Read more: https://t.co/2kd6ruc514 #MDH
“The developments across M3 Helium's business are gaining pace and, in particular, the speed at which the Rost Twin is being drilled adds considerable confidence to the proposed Fort Dodge field development plan.” @NickTulloch2 CEO #MDH
We've just released the following announcement: Mendell Helium PLC - Agreement with Ritchie Exploration
Check out the full announcement and join in with the conversation at: https://t.co/nE2oCajqu7
#MDH
Agreement with Ritchie Exploration to recomplete Schneweis well
➡️Schneweis historically produced in excess of 300 Mcf/day before water constrained production
Read more: https://t.co/Nle9HuZqQX
#MDH@M3Helium
@MendellHelium pushing toward the first target, watch old broken resistance #MDH
🔸Initial target: 5.75p.
🔸Best-case: up to 9p by end of next month.
🔸Condition: remain on the right side of old broken resistance around 4.5p (January resistance).
https://t.co/9kWcRdp10W @ZaksTradersCafe
Mendell Helium CEO @NickTulloch2 spoke to @BBCNews as the helium supply faces disruption following the latest development in Qatar.
Watch below 👇 #MDH#BreakingNews
On-site Rost Well update:
✅ Groundworks underway; wells are 330 ft apart ✅ Rig arriving in the next few days; drilling to start immediately ✅ Rost well pumping in the background
#MDH@M3Helium
My late wife Rhonda with an MIT engineering degree used to say, “what they’re doing in DC isn’t 3D chess, they’re chewing on the checkers and arguing which tastes better, red or black.”