Pelican Acquisition Corp. to Merge with March GL in Greenland Energy Deal

Reuters
2026.01.13 11:01
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Pelican Acquisition Corp. is set to merge with Texas-based oil-drilling company March GL, which will become Greenland Energy Company. This merger aims to exploit oil resources in Greenland's Jameson Land basin, with Greenland entitled to a share of future profits from oil extraction. The announcement was published via EDGAR by Pelican Acquisition Corp.