Greenland Energy Company ("Greenland") (NASDAQ:GLND) today announced a strategic drilling agreement with Stampede Drilling Inc. ("Stampede"), a leading Canadian energy services company, to provide a high-performance rig and expert services for upcoming operations in the Jameson Land Basin.

This agreement ensures the availability of Stampede's Rig #12, equipped for Arctic conditions, to mobilize crews and execute drilling for one of the industry's most anticipated frontier projects. Under a five-year agreement, plans call for drilling up to two wells.