Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) has bolstered its US exploration and development expertise with the appointment of Peter Kondrat as chief operating officer, to begin immediately from his home base in Colorado.
Kondrat is described as a seasoned helium executive with more than 25 years’ experience in the development of oil, natural gas and helium.
His areas of expertise include identification, economic analysis and exploitation of new and additional helium from drilling, workover, re-completion, prospect development and deeper play testing.
Kondrat was most recently president and chief operating officer of US helium exploration and production business, Tacitus LLC, which he built into a fully-fledged helium business in the Tocito Dome Field of New Mexico and sold on to the Navajo Transitional Energy Company in October 2021.
“Proven operator with significant expertise”
“I have known Peter for some time, and I have observed him advance Tacitus from new play discovery through to production and eventual industry sale,” Blue Star Helium managing director and CEO Trent Spry said.
“He is a proven operator with significant expertise in advancing all aspects of helium operations. We are very pleased to have him joining the Blue Star team and assisting in our continued exploration success and the drive towards successful development and production activities.”
Kondrat will manage Blue Star’s on-the-ground efforts in the US from his base in Colorado. He will be responsible for deployment of all aspects of exploration, development and production activities in Las Animas, Colorado.
“I am excited to join the Blue Star team as it develops one of the leading helium projects in North America,” Kondrat said.
“I am truly impressed with the prospect portfolio and acreage that Blue Star has assembled and how the business has been able to move these assets forward with multiple helium discoveries.
“We have an aggressive work program ahead with significant well drilling and implementation of the plan of development and I look forward to driving the company’s activities towards targeted high-margin helium developments while continuing its geologic success and resource growth.”