Greenland Energy Targets Jameson Land Basin with Two-Well Drilling Program

Greenland Energy (NASDAQ: GLND) is advancing a significant opportunity in Greenland’s Jameson Land Basin, one of the world’s largest remaining underexplored onshore hydrocarbon regions spanning more than 8,400 square kilometers. Under an agreement with 80 Mile, Greenland Energy will fully fund a two-well drilling program planned for the second half of 2026, earning a 70% interest in the project while 80 Mile retains 30%. The basin has attracted decades of industry attention and substantial historical investment due to its potential resource scale.

GLND has engaged Halliburton to provide consulting services, logistics planning, and operational support, while additional agreements with Stampede Drilling are expected to enhance drilling capabilities and execution. The company believes these partnerships position it to efficiently evaluate the basin’s potential while leveraging advanced technologies and expertise for Arctic operations. The company also plans to use advanced technologies and expertise for Arctic operations.

The Jameson Land Basin is one of the world’s largest underexplored onshore hydrocarbon regions. The basin has attracted decades of industry attention and substantial historical investment due to its potential resource scale. GLND has engaged Halliburton to provide consulting services, logistics planning, and operational support, while additional agreements with Stampede Drilling are expected to enhance drilling capabilities and execution.

Greenland Energy is an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development.

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