Greenland Energy (GLND) said Friday it entered a drilling agreement with Stampede Drilling to offer rig and expert services for upcoming operations in the Jameson Land Basin.
The collaboration ensures the availability of Stampede's Rig 12 to mobilize crews and execute drilling for the Arctic project, the company said.
The five-year agreement involves drilling up to two wells, according to a statement.
Financial details of the deal were not disclosed.
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