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Greenland Energy Signs Drilling Agreement With Stampede Drilling To Offer High-Performance Rig, Expert Services For Operations In Jameson Land Basin

Benzinga Newsdesk 7 months ago

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Greenland Energy Company ("Greenland") (NASDAQ:GLND) today announced a strategic drilling agreement with Stampede Drilling Inc. ("Stampede"), a leading Canadian energy services company, to provide a high-performance rig

Greenland Energy Company ("Greenland") (NASDAQ:GLND) today announced a strategic drilling agreement with Stampede Drilling Inc. ("Stampede"), a leading Canadian energy services company, to provide a high-performance rig and expert services for upcoming operations in the Jameson Land Basin.

This agreement ensures the availability of Stampede's Rig #12, equipped for Arctic conditions, to mobilize crews and execute drilling for one of the industry's most anticipated frontier projects. Under a five-year agreement, plans call for drilling up to two wells.

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