Mendell Helium Secures £700K to Fund Second Rost Well

Mendell Helium Secures £700K to Fund Second Rost Well

In this interview, StockBox spoke to Nick Tullock CEO of Mendell Helium (AQSE:MDH), about their recent funding success and expansion plans.

➡️$700K Raised to Fund Twin Well: Mendell secured £700,000 to co-fund a new "twin" well alongside U.S. investors, following strong performance from the original Rost well.

➡️Boosted Production Strategy: The new well will feature wider casing for improved water and gas flow, potentially surpassing Rost’s output and enhancing overall production efficiency.

➡️Future Expansion & AIM Readiness: Plans include pipeline feasibility, a possible recompletion of a third-party well, and a strategic move to AIM with active production in place — signaling real-time momentum.