Greenland Energy updates investor presentation, targets first drilling in Q3 2026 with 13B barrel potential

Greenland Energy Co

Independent estimate of up to 13.0B barrels gross un-risked 3U prospective recoverable oil in Jameson Land Basin.
License position covers ~2.1M acres across three exclusive licenses; can earn up to 70% working interest via two funded wells.
First well (OPW-1) targeted for Q3 2026 at ~$40M cost; second well (OPW-6) targeted Q4 2026 at ~$20M.
Execution partners include Halliburton (services), Stampede (drilling), and Desgagnés (Arctic logistics).
Company closed $70M public offering; fully funded initial two-well exploration program.

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