Mendell Helium Plc (MDH) ORD GBP0.01

Sell:4.25pBuy:4.75pPrice decreased0.20p (4.44%)

Market closed |
Prices delayed by at least 15 minutes
Sell:4.25p
Buy:4.75p
Change:Price decreased0.20p (4.44%)
Market closed |
Prices delayed by at least 15 minutes
Sell:4.25p
Buy:4.75p
Change:Price decreased0.20p (4.44%)
Market closed |
Prices delayed by at least 15 minutes

Company Information

About this company

Mendell Helium PLC is a United Kingdom-based company. The Company is engaged in the production of helium. It also has interests in five producing wells (Peyton, Smith, Nilson, Bearman and Dimmitt) within the Hugoton gas field in South-Western Kansas, and a natural gas field in North America. Significantly these wells are in proximity of a gathering network and the Jayhawk gas processing plant meaning that producing wells are all tied into the infrastructure. Its projects include Fort Dodge and Hugoton. Its flagship well, Rost 1-26, is in Fort Dodge, to the east of Dodge City, Kansas. Its second well, Rost 2-26, is being completed. The Company has also agreed to a joint venture with Ritchie Exploration, Inc. to recomplete the Schneweis Ventures 13, a well with a drill stem test. It treats the raw gas on site to concentrate the helium and has leased two tube trailers which it uses for deliveries to its offtaker. The Company is also developing a bitcoin mining operation in Nebraska.

Key people

Eric James Boyle
Non-Executive Chairman of the Board
Nicholas George Selby Tulloch
Chief Executive Officer, Company Secretary, Director
John Brown
Non-Executive Director
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Key facts

  • Shares in issue
    115.26m
  • EPIC
    MDH
  • ISIN
    GB00BLD3FF28
  • Location
    United Kingdom
  • Sector
    Basic Materials
  • Industry
    Chemical Manufacturing
  • Market cap
    £10.61m
  • Employees
    25
  • Exchange
    Aquis Stock Exchange
  • Index

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview data is sourced from Refinitiv.