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Greenland Energy Company's Jameson Land Basin Drilling Program FAQ
Greenland Energy (GLND) is advancing a two-well drilling program in Greenland's Jameson Land Basin, one of the world's largest underexplored onshore hydrocarbon regions. The initiative, fully funded by GLND and supported by Halliburton and Stampede Drilling, aims to evaluate the basin's potential and earn a 70% interest.
Greenland Energy is focused on developing hydrocarbon resources in Greenland's Jameson Land Basin, an underexplored onshore region spanning over 8,400 square kilometers.
The basin is one of the world's largest remaining underexplored onshore hydrocarbon regions and has attracted decades of industry attention and substantial historical investment due to its potential resource scale.
Under an agreement with 80 Mile, GLND will fully fund a two-well drilling program planned for the second half of 2026, earning a 70% interest while 80 Mile retains 30%.
GLND has engaged Halliburton for consulting, logistics planning, and operational support, and expects to work with Stampede Drilling to enhance drilling capabilities.
The two-well drilling program is planned for the second half of 2026.
The Jameson Land Basin is located in Greenland, an Arctic region.
GLND is an energy exploration company focused on responsibly developing Greenland's hydrocarbon resources, with an emphasis on the Jameson Land Basin, and aims to create a publicly traded platform for Arctic energy development.
The latest news and updates relating to GLND are available in the company's newsroom at https://ibn.fm/GLND.