PartnershipApr 27, 2026, 08:31 AM
GLND Partners Halliburton for Arctic Drilling Services
AI Summary
Greenland Energy Company (GLND) announced a significant agreement with Halliburton for integrated consulting services and logistical management. This deal will provide comprehensive well and drilling services for GLND's onshore exploration campaign in the Jameson Land Basin, a promising unexplored oil basin. The agreement is a pivotal step in the company's integrated Arctic operations strategy, complementing existing partnerships and aiming to enhance drilling accuracy, safety, and efficiency. GLND anticipates drilling its first two wells in 2026.
Key Highlights
- Greenland Energy Co (GLND) signed an agreement with Halliburton for integrated consulting and logistical services.
- The agreement covers comprehensive well and drilling services for GLND's onshore campaign in the Jameson Land Basin.
- This forms a key component of GLND's integrated Arctic operations strategy, building on prior deals.
- CEO Robert Price stated the partnership enhances drilling accuracy, safety, and efficiency in Arctic conditions.
- GLND expects to drill its first two exploration wells in the Jameson Land Basin in 2026.
- The Jameson Land Basin spans approximately 2 million acres, offering significant discovery potential.