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Greenland Energy Company (NASDAQ: GLND) signed a five-year strategic drilling agreement with Stampede Drilling (TSX: SDI) to secure Rig #12 for Arctic operations in the Jameson Land Basin. Plans call for mobilizing crews and drilling up to two wells as part of a 2026 campaign.
The deal follows the March 25, 2026 business combination that formed Greenland Energy Company and its NASDAQ listing under GLND.
Greenland Energy (NASDAQ: GLND) announced the appointment of Joe Moglia as Executive Advisor to the Board and confirmed the closing of its business combination with Pelican Acquisition Corporation, Greenland Exploration Limited, and March GL Company on March 26, 2026. The combined company is now trading on Nasdaq under GLND.
Moglia, former CEO and Chairman of TD Ameritrade, will advise on long-term strategy for Arctic development, capital markets engagement, and regulatory stewardship as Greenland Energy pursues an undrilled frontier opportunity while citing environmental and governance priorities.