Mendell Helium Plc
LLSE:MDH3.15
GBX
0.00
(0.00%)
ISIN
GB00BLD3FF28
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Nicholas George Selby Tulloch
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- Perth United Kingdom
- Website
- mendellhelium.com
- Similar Companies
- Business
- Mendell Helium Plc is a United Kingdom-based natural resources and industrial gas development company focused on the acquisition, exploration, appraisal, and commercial production of high-grade helium and associated natural gas reserves in North America. The company operates within the upstream resource sector, targeting the critical gases market to supply high-purity helium for advanced technological, medical, and industrial end-users. Its core products, services, and operational capabilities comprise the geological evaluation, reservoir appraisal, and seismic surveying of helium-bearing formations; drilling, completion, and workover of extraction wells; extraction, separation, and wellhead processing of raw gas streams; production, purification, and wholesale supply of gaseous helium for use in magnetic resonance imaging (MRI) medical systems, semiconductor fabrication, aerospace pressurization and rocketry, fiber optic manufacturing, leak detection, and cryogenic scientific research; co-production, gathering, and commercial distribution of associated natural gas and natural gas liquids; and the construction, maintenance, and operation of localized gathering pipelines, compression facilities, and off-take delivery infrastructure. Headquartered in the United Kingdom and founded in 2020, the company concentrates its operational assets in the United States, specifically within the Hugoton Basin in Kansas. In recent major developments, the company completed a strategic transformation and business pivot from its legacy consumer health and CBD operations into a pure-play helium exploration and production entity, formally changing its name from Voyager Life Plc to Mendell Helium Plc. Complementing this repositioning, the company secured a strategic option agreement to acquire an interest in M3 Helium Corp, gaining immediate operational access to producing and drill-ready helium assets including the Rost, Nilson, and Smith wells in Kansas. In conjunction with this asset acquisition, Mendell Helium completed equity financing rounds to fund well recompletions, pipeline tie-ins, and production testing programs, phased out its legacy wellness operations, and restructured its executive leadership with specialized energy and natural resource exploration professionals.