Mendell Helium #MDH – Updated flow rate on Rost 1-26 well
Mendell Helium is pleased to announce an updated flow rate for M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well (“Rost”) in Fort Dodge, Kansas. The Company also provides an update on the ongoing development of Rost and the wider Fort Dodge region. Highlights Flow rate at Rost has been measured at 250 Mcf per day […]
Mendell Helium #MDH – Further re Broker Option Convertible Loan Note and Appointment of Joint Broker
Mendell Helium announces that, further to its announcement of 17 November 2025, the Company is pleased to announce that it has raised, through the Subscription and an unsecured convertible loan note facility (“CLN”) with certain high net worth investors, aggregate gross proceeds of approximately £513,000. Highlights Fundraising A total of 7,102,320 new Ordinary Shares have […]
Mendell Helium #MDH – Update on development of Fort Dodge region, Kansas Option Extension
Mendell Helium is pleased to announce an update on its proposed strategy for the development of further production wells proximate to M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well (“Rost”) in Fort Dodge, Kansas. The Company also provides an update on the timing of its proposed move to AIM. Highlights Preliminary interest from two parties […]
Mendell Helium #MDH – Subscription, Issue of Equity and Warrants
Mendell Helium announces that it has raised approximately £200,000 by way of a subscription (“Subscription”) through the issue of 6,682,320 new ordinary shares of 1 pence each in the Company (“Ordinary Shares”) at an issue price of 3 pence per new Ordinary Share. Highlights · Subscription to raise approximately £200,000 at 3 pence per new Ordinary Share · Subscription is a direct investment by […]
Mendell Helium #MDH – Helium Production commences at Rost
Mendell Helium is pleased to announce that production of helium has commenced at M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well in Fort Dodge, Kansas (“Rost”). Highlights Commercial production at Rost has commenced Rost flow rates continue to increase in significant increments each day as de-watering progresses The well is now producing in excess of […]
Mendell Helium #MDH – De-watering begins at Rost Well
Mendell Helium is pleased to announce that the de-watering process has commenced at M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well in Fort Dodge, Kansas (“Rost”). Highlights ESP is pumping an estimated 50 barrels of water per hour Water from Rost is foamy in appearance, indicating the presence of gas With de-watering underway, the operations […]
Mendell Helium #MDH – Further update on Fort Dodge and Nebraska operations
Mendell Helium is pleased to provide an update on M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well in Fort Dodge, Kansas (“Rost”) and the Jasper well in Nebraska. As announced on 27 June 2024, the Company has an option (the “Option”) to acquire M3 Helium, a producer of helium which is based in Kansas and holds an interest […]
Mendell Helium #MDH – Update on Fort Dodge and Nebraska operations
Mendell Helium is pleased to provide an update on M3 Helium Corporation’s (“M3 Helium”) Rost 1-26 well in Fort Dodge, Kansas (“Rost”) and the Jasper well in Nebraska. Highlights Rost Well, Kansas: Preparations for de-watering are progressing, with first operations expected to commence in early September 2025. Jasper Well, Nebraska: Operations are underway. Drilling is […]
Mendell Helium #MDH – Further developments in Bitcoin mining plans & update on Fort Dodge operations
Mendell Helium is pleased to announce that M3 Helium Corporation (“M3 Helium”) has secured a new land lease and will shortly commence drilling a new well in a location that may be suitable for Bitcoin mining. The location of M3 Helium’s new Jasper well in Nebraska has, based on historic tests at nearby wells, a […]
Mendell Helium #MDH – Preparation underway for Bitcoin mining
Mendell Helium is pleased to provide an update on both progress and additional plans to commence Bitcoin mining. In addition to conducting a feasibility study to determine whether excess methane produced from the wells could provide energy for a cryptocurrency / Bitcoin mining operation, the Company is also planning to complete the onboarding process through […]