Greenland Energy Company (NASDAQ: GLND) announced it has signed an agreement with Halliburton for integrated consulting services and logistical management supporting its 2026 onshore drilling campaign in the Jameson Land Basin. The agreement covers planning, coordination, handling and transportation of equipment, services and goods, and includes comprehensive well and drilling services. This forms a key part of the Company's integrated Arctic operations strategy alongside prior agreements with Stampede Drilling and Desgagnés.
The collaboration with Halliburton, a global leader in oilfield services, underscores Greenland Energy's commitment to advancing exploration in the Jameson Land Basin, which holds significant potential for hydrocarbon resources. The agreement leverages Halliburton's expertise in Arctic operations and logistics to ensure efficient and safe drilling activities in the challenging environment.
Greenland Energy Company 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. This partnership with Halliburton aligns with that mission, providing the necessary technical and logistical support for the 2026 drilling campaign.
The news highlights the strategic importance of the Jameson Land Basin and Greenland Energy's role in unlocking its potential. By securing agreements with key industry players like Halliburton, Stampede Drilling, and Desgagnés, the company is building a comprehensive operational framework for Arctic exploration. This development is significant for investors and stakeholders monitoring the energy sector's expansion into frontier regions.
For more details, the full press release is available at https://ibn.fm/ghllI. Additional information about Greenland Energy Company can be found in the company's newsroom at https://ibn.fm/GLND.
