$GLND

IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Robert Price, CEO of Greenland Energy Company

GlobeNewswire Inc. · 5/19/2026, 12:00:00 PM

Greenland Energy Company (NASDAQ: GLND) announced a fully funded Arctic drilling campaign in Greenland's Jameson Land Basin with $70 million raised post-SPAC merger. CEO Robert Price outlined plans to drill two wells starting October 2026, with independent engineering reports suggesting potential reserves exceeding 13 billion barrels of oil. The company positions the project as strategically important for U.S. and European energy security.

Arctic Oil Rush: Greenland Energy Targets 13 Billion Barrels In High-Stakes Basin Play

Benzinga · 4/30/2026, 1:06:37 PM

Greenland Energy (NASDAQ:GLND) shares rose 1.19% in premarket trading Thursday following the company's announcement of advancing its Arctic exploration strategy. The company is targeting Greenland's Jameson Land Basin with plans to drill two wells in 2026, aiming for up to 70% working interest in a project estimated to hold 13 billion barrels of oil. The initiative is driven by renewed global focus on energy security and reducing reliance on overseas energy supplies.