Greenland Energy signs drilling contract with Halliburton for Jameson Land project
Updated
Updated · MarketWatch · Apr 27
Greenland Energy signs drilling contract with Halliburton for Jameson Land project
16 articles · Updated · MarketWatch · Apr 27
The agreement covers integrated consulting and logistical management for drilling in Greenland's two-million-acre Jameson Land Basin, with shares rising 29% to $7.99 in premarket trading.
Halliburton will provide comprehensive well and drilling services as Greenland Energy prepares to drill its first two wells in 2026.
This deal follows earlier agreements with Stampede Drilling and Desgagnés, strengthening Greenland Energy's onshore exploration campaign in the region.
Will Greenland's new foreign investment screening law impact this US-partnered energy deal?
Could Greenland’s Jameson Land, with its 13-billion-barrel potential, become the next Prudhoe Bay?
Is Greenland trading its pristine Arctic environment for a chance at economic independence?
What specific safeguards will protect the fragile Arctic ecosystem from a potential oil spill?
With oil prices in the $60s, how can a project needing $80-$120 per barrel succeed?