Blue Star Helium appoints Chief Operating Officer of US business

Blue Star Helium has appointed Peter Kondrat as Chief Operating Officer of its US helium business to help drive its development and productive activities in Colorado.

Kondrat joins the Australian helium exploration firm with over 25 years’ experience in the development of oil, natural gas and helium from conventional and unconventional reservoirs.

Having most recently served as president and chief operating officer of Tacitus, he is no stranger to both the US helium business and driving a company’s success in originating new helium discovery wells with high concentrations and flow rates.

Trent Spry, Managing Director of Blue Star Helium, said, “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.”

“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.”

The timing of Kondrat’s appointment corresponds with Blue Star Helium’s recent helium discovery successes at Voyager and Galactica/Pegasus and its planned transition into development drilling and production operations while continuing to grow its resource base.

Read more: Blue Star reports high helium concentrations in Colorado

Read more: Blue Star Helium to drill two more wells in Colorado

On his appointment, Kondrat added, “I am excited to join the Blue Star team as it develops one of the leading helium projects in North America. 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 programme ahead with significant well drilling and implementation of the plan of development, and I look forward to driving the company’ activities towards targeted high-margin helium developments while continuing it geologic success and resource growth.”