Business
The Untapped Potential of Greenland’s Jameson Land Basin Creates Major Opportunity for Greenland Energy (NASDAQ: GLND)
The Untapped Potential of Greenland’s Jameson Land Basin Creates Major Opportunity for Greenland Energy (NASDAQ: GLND)
About this update from Greenland Energy Company
[{"type":"text","content":"Austin, Texas, United States, May 26th, 2026, FinanceWireThe Jameson Land Basin in Greenland is emerging as one of the world's largest remaining underexplored onshore hydrocarbon regions, spanning more than 8,400 square kilometers.By agreeing to fully fund the drilling at the project, Greenland Energy Company will acquire 70% of the project, while the remaining 30% remains with 80 Mile, the current owner of the project.Greenland Energy Company has contracted Halliburton, one of the largest companies in the space, to handle project management and offer support for logistics planning.There are few opportunities in the global oil and gas sector as compelling as the Jameson Land Basin in Greenland, widely viewed as one of the world's largest remaining underexplored onshore basins. Spanning more than 8,400 square kilometers (roughly 2 million acres), the basin has been the subject of extensive geological and seismic analysis over several decades, with historical industry estimates suggesting the broader basin system could contain tens of billions of barrels of oil equivalent.The asset is currently 100%-owned by 80 Mile, an exploration and development company that recently entered into an agreement with Greenland Energy (NASDAQ: GLND) to advance the project toward...Read More>>Forward-Looking StatementsThis communication contains \"forward-looking statements\" within the meaning of the \"safe harbor\" provisions of the United States Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933, as amended (the \"Securities Act\"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained herein other than statements of present or historical fact, including, without limitation, statements regarding Greenland Energy Company's (the \"Company\") future financial performance, business strategy, operations, financial position, estimated revenues and losses, projected costs, prospects, plans, objectives of management, and expected benefits of the Company's recent business combination, are forward-looking statements. Forward-looking statements are generally identified by the use of words such as \"believe,\" \"may,\" \"will,\" \"estimate,\" \"continue,\" \"anticipate,\" \"intend,\" \"expect,\" \"should,\" \"would,\" \"plan,\" \"project,\" \"forecast,\" \...