---
title: "Greenland Energy updates investor presentation outlining Jameson Land drilling plan, $81M funding and OPW-1/OPW-6 timing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290605160.md"
description: "Greenland Energy released an updated investor presentation detailing its Jameson Land Basin drilling program. Phase I is fully funded with ~$81M, covering estimated costs for Well 1 and Well 2. The company plans to drill OPW-1 in Q4 2026 and OPW-6 in Q1 2027, with logistics underway. An independent estimate cites up to 13.0 billion barrels of gross un-risked prospective recoverable oil. An earn-in structure could yield up to 70% basin interest upon well completion."
datetime: "2026-06-23T20:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290605160.md)
  - [en](https://longbridge.com/en/news/290605160.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290605160.md)
---

# Greenland Energy updates investor presentation outlining Jameson Land drilling plan, $81M funding and OPW-1/OPW-6 timing

**Greenland Energy made available an updated investor presentation detailing its Jameson Land Basin drilling program, prospective resources and that Phase I is fully funded (~$81M).**

**Key Highlights:**

-   Updated investor presentation furnished as Exhibit 99.1 outlining Jameson Land Basin opportunity and program details.
-   Company says Phase I drilling program is fully funded with ~ $81M raised; estimated costs ~$40M for Well 1 and ~$20M for Well 2.
-   Plans OPW-1 in Q4 2026 and OPW-6 in Q1 2027 with mobilization, road construction and logistics underway.
-   References independent estimate of up to 13.0 billion barrels gross un‑risked 3U prospective recoverable oil (Sproule‑ERCE Sept. 2025) — not reserves.
-   Earn‑in structure could yield up to 70% basin interest upon completion of two wells; milestones, assumptions and risks explicitly disclosed.

Original SEC Filing: Greenland Energy Co \[ GLND \] - 8-K - Jun. 23, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [GLND.US](https://longbridge.com/en/quote/GLND.US.md)

## Related News & Research

- [Greenland Energy Revises Timeline for Arctic Drilling Project](https://longbridge.com/en/news/295652119.md)
- [Stampede Drilling says rig remains in Canada, denies shipping equipment to Greenland](https://longbridge.com/en/news/295733564.md)
- [Epsilon Energy Maps Multi-Basin Growth Plan as Production Outlook Rises 18%](https://longbridge.com/en/news/296274210.md)
- [Stampede Drilling tegaskan rig pengeborannya belum tiba di Greenland](https://longbridge.com/en/news/295583360.md)
- [WCP: Decades of drilling inventory and strong free cash flow drive sustainable growth and returns](https://longbridge.com/en/news/296276622.md)