Greenland Energy Company (NASDAQ: GLND) Announces Haliburton Agreement and Updates Progress on 2026 Greenland Exploration Program
Greenland Energy Company announced a services agreement with Halliburton for integrated consulting, logistics, and well services to support its 2026 exploration program in East Greenland. The company also secured a five-year drilling agreement with Stampede Drilling for Rig #12, an Arctic-equipped rig, and confirmed plans to commence its first modern onshore drilling operations in October 2026.
Key figures
- Well depth
- 3,500 meters
- Gross proceeds
- 70000000
- Un risked resources
- 13.0 billion barrels
- Working interest target
- 70%
- Prior industry investment
- 275000000
AI analysis
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