LOS ANGELES, CA - May 13, 2026 (NEWMEDIAWIRE) - As global energy markets continue searching for long-term supply security outside traditional producing regions, Greenland is emerging as a frontier attracting renewed attention from explorers and investors alike. Greenland (NASDAQ: GLND), a recently formed energy exploration company focused on Greenland’s hydrocarbon potential, has taken a key step toward advancing its Arctic strategy with a newly announced strategic agreements, securing advanced rig capacity and logistics for its planned onshore oil exploration program.

• Greenland’s recent agreements secures access to advanced rig capacity, operational support intended to facilitate future drilling activity.
• Greenland now possess the best-in-class logistics and operational infrastructure, among the largest challenges facing Arctic exploration.
• The Jameson Land Basin, where Greenland Energy is drilling, has attracted attention because it may contain significant undiscovered hydrocarbon resources.

According to the announcement, Greenland Energy entered into a strategic agreement with Stampede Drilling, designed to support drilling operations tied to its exploration efforts in Greenland. The agreement secures access to advanced rig capacity and operational support intended to facilitate…

Read More

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer

Forward Looking Statements

Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.

View the original release on www.newmediawire.com

This contant was orignally distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Greenland Energy (GLND) Advances Greenland Oil Strategy With Major Drilling Agreements.