Greenland Energy Company and JV partner 80 Mile are now targeting winter 2027 for permits covering the company’s planned oil exploration program in East Greenland’s Jameson Land basin after regulators indicated the project will require a more extensive review.
80 Mile, which is leading the permitting process, received the updated guidance from the Government of Greenland. Greenland Energy said the partners are adjusting project planning and logistics to accommodate the revised timeline.
“Operating in the Arctic requires patience, flexibility and a long-term perspective,” said Robert Price, CEO of Greenland Energy. “We will use this time to refine our plans and deepen relationships with local communities, strategic partners and relevant authorities.”
Greenland Energy is an exploration-stage company targeting the hydrocarbon potential of the Jameson Land basin, where it holds an approximately 2-million-acre onshore licensed position. The company is preparing what it describes as the first modern onshore drilling campaign in the region.
The extended regulatory review will also give the partners additional time to evaluate logistics and infrastructure requirements associated with the exploration program, according to the company.
Greenland Energy said it remains committed to advancing the project in accordance with Greenland’s regulatory process and is reviewing logistical changes required under the revised permitting schedule.