---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-006766"
form_type: "8-K"
ticker: "GLND"
cik: "0002093507"
company_name: "Greenland Energy Co"
filed_at: "2026-06-23T20:15:53+00:00"
generated_at: "2026-06-23T20:17:35.437320+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenland Energy targets OPW1 drilling Q4 2026; 13B barrel resource estimate

## Summary
- Raised ~$80M in past 12 months, fully funding Phase I drilling; est. costs $40M for Well 1, $20M for Well 2.
- OPW1 drilling targeted Q4 2026; OPW6 in Q1 2027; heavy equipment mobilized Oct 2025.
- Independent estimate (Sproule-ERCE) of up to 13.0 billion barrels gross un-risked 3U prospective recoverable oil.
- 70% earn-in interest in Jameson Land licenses (2.1M acres) upon completion of two wells.
- Capital structure: ~43.7M shares O/S, 17.5M warrants at $5.00, zero debt; insider ownership ~24.9%.

## SEC filing metadata
- accession: 0001829126-26-006766
- form_type: 8-K
- ticker: GLND
- cik: 0002093507
- company_name: Greenland Energy Co
- filed_at: 2026-06-23T20:15:53+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2093507/000182912626006766/0001829126-26-006766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2093507/000182912626006766/greenlandenergy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-006766
- JSON: https://secwatch.observer/filing/0001829126-26-006766.json
- Plain text: https://secwatch.observer/filing/0001829126-26-006766.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.