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UNITED STATES<\/p>\n
SECURITIES AND EXCHANGE COMMISSION<\/p>\n
Washington, D.C. 20549<\/p>\n
\u00a0<\/p>\n
FORM 8-K<\/p>\n
\u00a0<\/p>\n
CURRENT REPORT<\/p>\n
\u00a0<\/p>\n
Pursuant to Section 13 or 15(d) of the<\/p>\n
Securities Exchange Act of 1934<\/p>\n
\u00a0<\/p>\n
Date of Report (Date of earliest event reported): May 18, 2026<\/p>\n
\u00a0<\/p>\n
GREENLAND ENERGY COMPANY<\/p>\n
(Exact name of registrant as specified in its charter)<\/p>\n
\u00a0TX<\/p>\n
Texas
\n \u00a0
\n 333-291171
\n \u00a0
\n 39-4828593 <\/p>\n
(State or Other Jurisdiction
of Incorporation)
\n \u00a0
\n (Commission
File Number)
\n \u00a0
\n (IRS Employer
Identification No.) <\/p>\n
\u00a0<\/p>\n
3400 East Bayaud Avenue,
\nSuite 400
Denver, Colorado 80209
Registrant\u2019s telephone number, including area code: (918) 361-7000<\/p>\n
\u00a0<\/p>\n
Not applicable
(Former name or former address, if changed since last report)<\/p>\n
\u00a0<\/p>\n
Check the appropriate box below if the Form 8-K filing
\nis intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<\/p>\n
\u00a0<\/p>\n
\u2610
\n Written communications pursuant to Rule\u00a0425 under the Securities Act (17 CFR 230.425) <\/p>\n
\u00a0
\n \u00a0 <\/p>\n
\u2610
\n Soliciting material pursuant to Rule\u00a014a-12 under the Exchange Act (17 CFR 240.14a-12) <\/p>\n
\u00a0
\n \u00a0 <\/p>\n
\u2610
\n Pre-commencement communications pursuant to Rule\u00a014d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) <\/p>\n
\u00a0
\n \u00a0 <\/p>\n
\u2610
\n Pre-commencement communications pursuant to Rule\u00a013e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) <\/p>\n
\u00a0<\/p>\n
Securities registered pursuant to Section 12(b) of the Act:<\/p>\n
\u00a0<\/p>\n
Title of each class
\n \u00a0
\n Trading symbol(s)
\n \u00a0
\n Name of each exchange on which registered <\/p>\n
Common Stock, $0.0001 par value per share
\n \u00a0
\n GLND
\n \u00a0
\n The Nasdaq Stock Market LLC <\/p>\n
Warrants to purchase Common Stock
\n \u00a0
\n GLNDW
\n \u00a0
\n The Nasdaq Stock Market LLC<\/p>\n
\u00a0<\/p>\n
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act of 1933 (\u00a7230.405
\nof this chapter) or Rule 12b-2 under the Securities Exchange Act of 1934 (\u00a7240.12b-2 of this chapter).<\/p>\n
\u00a0<\/p>\n
Emerging growth company \u2612<\/p>\n
\u00a0<\/p>\n
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section\u00a013(a) of the Exchange Act. <\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
Item 7.01 Regulation FD Disclosure.<\/p>\n
\u00a0<\/p>\n
On May 18, 2026, Greenland Energy Company (the \u201cCompany\u201d)
\nmade available an updated investor presentation that the Company intends to use from time to time in meetings and communications with
\ninvestors, analysts and other interested parties. A copy of the investor presentation is furnished as Exhibit 99.1 to this Current Report
\non Form 8-K and is incorporated herein by reference.<\/p>\n
\u00a0<\/p>\n
The investor presentation includes information regarding, among other
\nmatters, the Company\u2019s Jameson Land Basin opportunity in East Greenland, the Company\u2019s rights to earn an interest in the Jameson
\nLand license position through funded drilling milestones, the OPW-1 and OPW-6 drilling program, prospective resource estimates, execution
\npartners, mobilization and field-readiness activities, and other corporate and operational matters.<\/p>\n
\u00a0<\/p>\n
The investor presentation also includes references to prospective resources,
\nexploration targets, operational milestones, estimated drilling costs, partner and mobilization matters, and other information that is
\nsubject to the limitations, assumptions and qualifications set forth in the presentation, including the forward-looking statement and
\nresource disclosure contained therein.<\/p>\n
\u00a0<\/p>\n
The investor presentation will be available on the Investor Relations
\nsection of the Company\u2019s website at greenlandenergyco.com. The information contained on, or accessible through, the Company\u2019s
\nwebsite is not incorporated by reference into this Current Report on Form 8-K and should not be considered part of this report.<\/p>\n
\u00a0<\/p>\n
The information in this Item 7.01, including Exhibit 99.1, is being
\nfurnished and shall not be deemed \u201cfiled\u201d for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
\n\u201cExchange Act\u201d), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference
\ninto any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific
\nreference in such filing.<\/p>\n
\u00a0<\/p>\n
Forward-Looking Statements<\/p>\n
\u00a0<\/p>\n
This Current Report on Form 8-K and Exhibit 99.1 furnished herewith
\ncontain forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act
\nof 1995. All statements contained in this Current Report and Exhibit 99.1 other than statements of present or historical fact, including
\nstatements regarding Greenland Energy Company\u2019s future financial performance, business strategy, operations, financial position, estimated
\nrevenues and losses, projected costs, prospects, plans, management objectives, expected benefits of the Company\u2019s recent business combination,
\nexploration plans, drilling activities, timing, capital needs, financing plans, regulatory approvals, prospective resources, earn-in rights,
\nlicense matters, strategic partnerships, field-readiness activities, infrastructure mobilization and planned OPW-1 and OPW-6 activities,
\nare forward-looking statements.<\/p>\n
\u00a0<\/p>\n
Forward-looking statements are generally identified by words such as
\n\u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d \u201cintend,\u201d
\n\u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cpotential,\u201d
\n\u201cpredict,\u201d \u201ctarget\u201d or similar expressions, although not all forward-looking statements contain such identifying words.
\nThese statements are based on management\u2019s current expectations, assumptions and beliefs, are not guarantees of future performance and
\ninvolve risks and uncertainties, many of which are difficult to predict and beyond the Company\u2019s control, that could cause actual results
\nto differ materially.<\/p>\n
\u00a0<\/p>\n
Factors that could cause actual results to differ materially include,
\namong others, exploration and geological risks, including the Company\u2019s development-stage status, limited operating history, lack of revenues
\nor proved reserves, uncertainty in prospective resource estimates, limited seismic data, geological complexity, lack of prior commercial
\ndiscovery in the basin and high-cost frontier exploration; operational and environmental risks, including remote Arctic operations, extreme
\nweather, limited infrastructure, seasonal access windows, drilling hazards, environmental releases, climate change scrutiny and reliance
\non third-party contractors; regulatory and political risks, including drilling restrictions, grandfathered license limitations, permitting
\nrequirements, geopolitical developments and potential forfeiture of working-interest rights if drilling milestones are not met; and financial
\nand capital risks, including significant capital needs, commodity price volatility, long development timelines, going-concern uncertainty,
\nenergy transition risks, public company compliance costs, Nasdaq listing requirements and trading-price volatility. Recipients should
\nreview the Company\u2019s SEC filings, including its Proxy Statement\/Prospectus dated February 18, 2026, its most recent Form 10-Q and subsequent
\nfilings, for a more complete discussion of risks and uncertainties.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
This Current Report and Exhibit 99.1 include resource estimates, drilling
\ntargets, operational milestones, timing expectations, industry data and other estimates and assumptions, including references to prospective
\nrecoverable resources, exploration prospects and planned OPW-1 and OPW-6 activities. Prospective resources are inherently uncertain, have
\nnot been confirmed by drilling, do not constitute proved reserves and are not a guarantee of commercial discovery, production, revenue,
\ncash flow or economic return. Industry and third-party data are provided for informational purposes only, and no representation is made
\nas to their accuracy or completeness.<\/p>\n
\u00a0<\/p>\n
To the extent this Current Report or Exhibit 99.1 includes non-GAAP
\nfinancial measures or financial, operating or technical metrics, such measures are provided for supplemental informational purposes only
\nand should not be considered in isolation from, or as a substitute for, GAAP financial information or the relevant definitions, assumptions
\nand limitations.<\/p>\n
\u00a0<\/p>\n
This Current Report and Exhibit 99.1 are for informational purposes
\nonly and do not constitute an offer to sell, a solicitation of an offer to buy or a recommendation to purchase or sell any securities.
\nAny securities offering, if made, will be made only pursuant to definitive offering documents and applicable securities laws. Forward-looking
\nstatements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statements,
\nwhether as a result of new information, future events or otherwise, except as required by applicable law.<\/p>\n
\u00a0<\/p>\n
The cautionary statements, risk factors, limitations
\nregarding prospective resources, third-party and industry data, non-GAAP financial measures and other assumptions and qualifications
\ncontained in Exhibit 99.1 are incorporated by reference into this Item 7.01.<\/p>\n
\u00a0<\/p>\n
Item 9.01 Financial Statements and Exhibits.<\/p>\n
\u00a0<\/p>\n
(d) Exhibits.<\/p>\n
\u00a0<\/p>\n
Exhibit No.
\n \u00a0
\n Description<\/p>\n
99.1
\n \u00a0
\n Investor Presentation dated May 18, 2026<\/p>\n
99.2\u00a0
\n \u00a0
\n Press Release dated May 18, 2026<\/p>\n
104
\n \u00a0
\n Cover Page Interactive Data File<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
SIGNATURES<\/p>\n
\u00a0<\/p>\n
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on
\nits behalf by the undersigned hereunto duly authorized.<\/p>\n
\u00a0<\/p>\n
Dated: May 18, 2026
\n GREENLAND ENERGY COMPANY <\/p>\n
\u00a0
\n \u00a0
\n \u00a0 <\/p>\n
\u00a0
\n By:
\n \/s\/
\n Robert Price <\/p>\n
\u00a0
\n Name:
\n Robert Price <\/p>\n
\u00a0
\n Title:
\n Chief Executive Officer <\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
Exhibit
\n99.1<\/p>\n
\u00a0<\/p>\n
<\/p>\n
\u00a0<\/p>\n
Unlocking the potential of one of the largest undeveloped arctic energy basins. Exploration of the Jameson Land Basin in East Greenland through modern technology, strategic partnerships\u2074, and near – term drilling catalysts\u00b3. The basin has an independent estimate of up to approximately 13.0 billion barrels of gross un – risked 3U prospective recoverable oil.\u00b2 Sources: \u00b2 \u00b3 \u2074<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_002.jpg\")
<\/p>\n
\u00a0<\/p>\n
This presentation contains \u201cforward – looking statements\u02ee within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements contained herein other than statements of present or historical fact, including statements regarding Greenland Energy Company\u02bcs (the \u201cCompany\u02ee) future financial performance, business strategy, operations, financial position, estimated revenues and losses, projected costs, prospects, plans, management objectives, expected benefits of the Company\u02bcs recent business combination, exploration plans, drilling activities, timing, capital needs, financing plans, regulatory approvals, prospective resources and planned OPW – 1 and OPW – 6 activities, are forward – looking statements. Forward – looking statements are generally identified by words such as \u201cbelieve,\u02ee \u201cmay,\u02ee \u201cwill,\u02ee \u201cestimate,\u02ee \u201ccontinue,\u02ee \u201canticipate,\u02ee \u201cintend,\u02ee \u201cexpect,\u02ee \u201cshould,\u02ee \u201cwould,\u02ee \u201cplan,\u02ee \u201cproject,\u02ee \u201cforecast,\u02ee \u201cpotential,\u02ee \u201cpredict\u02ee or similar expressions, although not all forward – looking statements contain such identifying words. These statements are based on management\u02bcs current expectations, assumptions and beliefs, are not guarantees of future performance and involve risks and uncertainties, many of which are difficult to predict and beyond the Company\u02bcs control, that could cause actual results to differ materially. Factors that could cause actual results to differ materially include, among others, exploration and geological risks, including the Company\u02bcs development – stage status, limited operating history, lack of revenues or proved reserves, uncertainty in prospective resource estimates, limited seismic data, geological complexity, lack of prior commercial discovery in the basin and high – cost frontier exploration; operational and environmental risks, including remote Arctic operations, extreme weather, limited infrastructure, seasonal access windows, drilling hazards, environmental releases, climate change scrutiny and reliance on third – party contractors; regulatory and political risks, including the Company\u02bcs drilling restrictions, grandfathered license limitations, permitting requirements, geopolitical developments and potential forfeiture of working – interest rights if drilling milestones are not met; and financial and capital risks, including significant capital needs, commodity price volatility, long development timelines, going – concern uncertainty, energy transition risks, public company compliance costs, Nasdaq listing requirements and trading – price volatility. Recipients should review the Company\u02bcs SEC filings, including its Proxy Statement\/Prospectus dated February 18, 2026, its most recent Form 10 – Q and subsequent filings, for a more complete discussion of risks and uncertainties. This presentation includes resource estimates, drilling targets, operational milestones, timing expectations, industry data and other estimates and assumptions, including references to prospective recoverable resources, exploration prospects and planned OPW – 1 and OPW – 6 activities . Prospective resources are inherently uncertain, have not been confirmed by drilling, do not constitute proved reserves and are not a guarantee of commercial discovery, production, revenue, cash flow or economic return . Industry and third – party data are provided for informational purposes only, and no representation is made as to their accuracy or completeness . To the extent this presentation includes non – GAAP financial measures or financial, operating or technical metrics, such measures are provided for supplemental informational purposes only and should not be considered in isolation from, or as a substitute for, GAAP financial information or the relevant definitions, assumptions and limitations. This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy or a recommendation to purchase or sell any securities. Any securities offering, if made, will be made only pursuant to definitive offering documents and applicable securities laws. Recipients should consult their own advisors and conduct their own independent review, and no representation or warranty is made as to the accuracy or completeness of this presentation. Forward – looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise this presentation or any forward – looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_003.jpg\")
<\/p>\n
\u00a0<\/p>\n
Basin – scale frontier opportunity with near – term drilling catalysts. Rights to Earn Basin Scale Interest Approximately 2.1 million acres across 3 exclusive licenses covering the entire Jameson Land license position\u00b3 Up to 13.0 Billion Barrels Independent engineering estimate of gross oil potential (gross un – risked 3U prospective recoverable oil.)\u00b2 ARCO Legacy Historically validated hydrocarbon system studied extensively\u00b9 $275M+ Historic Investment\u00b9 Historically invested in exploration, infrastructure, logistics adjusted for today\u02bcs dollars Advancing Towards First Drilling High – graded Phase I exploration targets with field execution underway.\u00b2 70% Earn – In Structure Up to 70% basin interest upon completion of two wells\u00b3 OPW – 1 and OPW – 6 Drilling\u00b3 OPW – 1 expected in Q3 2026; OPW – 6 expected in Q4 2026. Near – Term Catalysts Infrastructure mobilization underway, road construction planned\u2074 Sources: \u00b9 \u00b2 \u00b3 \u2074<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_004.jpg\")
<\/p>\n
\u00a0<\/p>\n
Our Team Robert Price Chief Executive Of<\/p>\n
\ufb01cer Founder of March GL 40+ years building and operating logistics and infrastructure businesses in the energy and natural resource sector. Proven track record of creating value for shareholders in private companies. Ashiq Merchant Chief Financial Of\ufb01cer 25+ years of senior finance leadership in publicly listed energy companies Former BP finance executive across upstream, downstream, and international operations Expertise in reporting, controls, capital allocation, governance, risk, and U.S. public company compliance Larry G. Swets, Jr. Executive Chairman 30 years investing in and building public and private companies across several industries. Led multiple SPACs and platform companies from formation through public markets Deep expertise in capital markets, structured finance, and asset – backed platforms<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_005.jpg\")
<\/p>\n
\u00a0<\/p>\n
Key Basin Metrics 3 Exclusive Licenses\u00b2 2.1 Million Approximate acres Covered by License Position\u00b2 58 Identified prospective drill sites\u00b2 1,800 km Approximate 2D Seismic Coverage\u00b9 13.0 Bn Estimated barrels Gross Un – risked 3U Prospective Recoverable Oil\u00b2 $2 7 5M+ Historical Investment, in Today\u02bcs Dollars\u00b9 Jameson Land Basin statistics & resource potential Near – Term Execution Milestones\u00b3 Oct. 2025 Done Heavy equipment mobilized by barge. Q1 2026 In progress Equipment in place to commence road\/pad construction. Q3 2026 Planned Road\/pad construction expected to begin; Original Planned Well 1 (OPW – 1) expected.\u00b3 Q4 2026 Planned OPW – 6 expected.\u00b3 Sources: \u00b9 \u00b2 \u00b3<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_006.jpg\")
<\/p>\n
\u00a0<\/p>\n
Why GLND Believes Jameson Land is Actionable Today Current License Framework Changing Politics Modern Exploration Technology Advanced Capabilities Improved Arctic Accessibility Seasonal Access De\ufb01ned Near – Term Catalysts Q3 2026 Target \u25cf Existing Jameson Land licenses remain valid\u00b3 \u25cf March GL has rights to earn working interest through funded drilling\u00b3 \u25cf Current plan is tied to specific near – term license execution milestones \u25cf Advanced seismic processing with modern algorithms \u25cf Modern Arctic drilling capabilities and equipment \u25cf Improved remote operations and logistics systems \u25cf Increasing seasonal accessibility for operations \u25cf Expanded Arctic shipping capability and infrastructure \u25cf Existing regional operating experience \u25cf Infrastructure mobilization underway \u2074 \u25cf Road and pad construction planned \u2074 \u25cf OPW – 1 drilling targeted Q3 2026 \u00b3 Sources: \u00b3 \u2074<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_007.jpg\")
<\/p>\n
\u00a0<\/p>\n
ARCO\u2019s Arctic Success The 1968 discovery of the Alaskan Prudhoe Bay field, North America\u02bcs largest oil field, didn’t just provide resources, it also validated decades of ARCO’s geological hypothesis and commitment to northern frontier exploration.\u00b9 Strategic Persistence ARCO maintained exploration efforts in Alaska when others retreated, securing prime acreage that would later prove to be the heart of the North Slope’s productivity. Geological Insight Utilizing seismic interpretation, ARCO identified the structural traps that defined the Sadlerochit formation, the primary reservoir of the field . Partnership Success The success of the exploitation of Prudhoe Bay demonstrated a model for capital – intensive frontier development that still defines industry standards. Sources: \u00b9<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_008.jpg\")
<\/p>\n
\u00a0<\/p>\n
Historical Testing Between 1970 and 1990 , ARCO conducted extensive exploration and basin analysis\u00b9 including : \u25cf Geological mapping \u25cf Gravity and magnetic surveys \u25cf 2D seismic acquisition \u25cf Surface seep analysis \u25cf Basin modeling ARCO also identi\ufb01ed Jameson Land as a major arctic hydrocarbon basin. \u00b9 ARCO\u2019s Arctic Legacy Following the discovery and success of Prudhoe Bay, the historical exploration of Jameson Land by ARCO supports confidence in the basin\u02bcs hydrocarbon potential\u00b2 and set the stage for modern drilling targets. Test data from legacy ARCO\/ENI seismic coverage continues to serve as the foundation of current day technical evaluations. Jameson Land was internally viewed as one of ARCO\u2019s most signi\ufb01cant undeveloped Arctic opportunities.\u00b9 Sources: \u00b9 \u00b2<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_009.jpg\")
<\/p>\n
\u00a0<\/p>\n
1980s Present Day \u00b3 ARCO\u2019s development was stunted by macroeconomic constraints. Oil Price Collapse\u00b9 Significant price reductions during the 1980s reduced project viability and investment returns Historical Economic Constraints\u00b9 Prior development was challenged by 1980s oil – market conditions and project economics. Corporate Restructuring\u00b9 Capital reductions and organizational changes limited exploration budgets De\ufb01ned Earn – In Framework Existing Jameson Land licenses remain valid, and March GL may earn working interest through funded drilling milestones.\u00b3 Modern Arctic Capabilities Advanced remote operations, improved logistics, better supply chains Re\ufb01ned Targeting Modern seismic reprocessing and precise geological targeting Sources: \u00b9 \u00b3<\/p>\n
\u00a0<\/p>\n
![\"\"](\"https:\/\/www.europesays.com\/dk\/wp-content\/uploads\/2026\/05\/ex99-1_010.jpg\")
<\/p>\n
\u00a0<\/p>\n
Project Timeline Decades of Basin Validation Leading to First Modern Drilling Campaign Oct. 2025 – Apr. Oct. 2026 1970s – 1990 ARCO\/ENI Exploration 2 0 1 4 – 2 0 18 White Flame Secures Basin Licenses 2021 – 2024 May – Sep. 2025 Licenses March GL Earn – In Grandfathered; 80 Agreement Mile acquires White Flame 2026 Mobilization & Public Platform Built OPW – 1 Drilling Target 1970s – 2018: Early Exploration ARCO and ENI conduct field mapping, sampling, gravity\/magnetic work, and ~1,800 km of 2D seismic. ARCO builds key regional infrastructure including the still active Constable Point Airfield. Basin remains undrilled after ARCO exits Greenland.\u00b9 In 2014, White Flame is awarded the Jameson Land licenses\u00b3, commissions the first non – government reassessment since the 1990s, reprocesses historical 2D seismic, completes FTG\/LiDAR work, and expands acreage to secure the onshore basin position. 2021 – Sep. 2025: Basin Rights\u00b3 Greenland announces it will stop issuing new hydrocarbon exploration licenses, but White Flame\u02bcs existing licenses remain valid. 80 Mile completes acquisition of White Flame and the Jameson license position, consolidating control of the three exploration\/exploitation licenses. March GL agrees to fund the first two exploration wells. Structure: 50% working interest after first well completion; 70% after second well completion. Oct. 2025 – 2026+: Development and drilling Heavy equipment arrives by barge in Oct. 2025\u2074. Greenland Energy forms through business combination, lists on Nasdaq as GLND, secures Stampede, Desgagn\u00e9s, Halliburton\u2074, and closes $70M public offering\u2075. First modern exploration well targeted for 2026 drilling window. Latest public financing release points to planned October 2026 drilling operations\u00b3. Sources: \u00b9 \u00b3 \u2074 \u2075<\/p>\n
\u00a0<\/p>\n
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Geological Indicators Basin indicators, resource potential, and exploration upside. Basin Indicators\u00b9 Surface Oil & Gas Seepages Genetic Match to North Sea Oil Systems Extensive Historical Seismic Coverage Modern Seismic Reprocessing Completed Exploration Upside Additional basin evaluation and future seismic work may expand resource understanding further. The basin represents one of the few remaining large – scale frontier hydrocarbon systems with majority basin license exposure.\u00b2 \u00b3 Resource Potential Up to 13.0 Billion Barrels\u00b2 Seismic Testing Independent engineering estimates indicate up to approximately 13.0 billion barrels gross un – risked 3U prospective recoverable oil\u00b2 . Modern seismic reprocessing has significantly improved image quality and structural definition. Con\ufb01dence Drivers \u25cf Reprocessed seismic data \u25cf Surface hydrocarbon indicators \u25cf Structural interpretation Sources: \u00b9 \u00b2<\/p>\n
\u00a0<\/p>\n
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Understanding 2D Seismic Mapping Seismic Imaging Process \u2076 How it works \u2076 \u25cf Controlled seismic sources, like vibroseis trucks, send controlled vibrations into the ground using heavy plates \u25cf The vibrations travel through underground rock layers and reflect back when they hit geological boundaries \u25cf Geophones record the returning signals across long survey lines \u25cf Recording trucks collect and process the data into 2D subsurface images of the basin \u25cf These images help geologists identify structures that can trap hydrocarbons, such as faults and anticlines \u25cf Seismic data improves confidence by mapping likely reservoir zones and reducing uncertainty before drilling \u25cf While it cannot directly confirm oil, it greatly improves the probability of selecting productive drilling targets Existing Basin Coverage Extensive seismic survey has already been completed approximately 1 , 800 km of seismic data\u00b9, covering the majority of the Jameson Land Basin . Modern reprocessing has improved structural interpretation and helped identify prospective drilling targets, but drilling is required to confirm hydrocarbons and commerciality . Sources: \u00b9 \u2076<\/p>\n
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Proposed Well Locations OPW – 1 \u25cf Initial well estimated at $40m cost OPW – 6 \u25cf Second well estimated at $20m cost *Example lo c ations. Sources: \u00b2 \u00b3<\/p>\n
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Current Mobilization Historical Investment Infrastructure & Logistics $275M+ Total past investment, in today\u02bcs dollars\u00b9 2.1 Million Acres Approximate undeveloped land\u00b2 58 Identi\ufb01ed Prospects Of potential h y d r o c a r bon hotspots\u00b2 Investments in: \u25cf Seismic Field Studies \u25cf Airport Construction \u25cf Housing Facilities \u25cf Logistics Infrastructure \u25cf Equipment Staging \u25cf Operational Planning \u25cf Equipment Transport underway \u25cf Beach landing operations planned \u25cf 3 Mile Inland Road Construction planned \u25cf Rig mobilization in progress Sources: \u00b9 \u00b2<\/p>\n
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2025 – 2026 Operations Timeline Apr. – Sep. 2025 Oct. 2025 Mar. 2026 Mar. – Apr. 2026 Q2 – Q3 2026 Q3\/Q4 2026 Farm – Out Ag r eement Initial Equipment Landing GLND Public Listing Execution Partners Secured Procurement and field readiness OPW – 1 Drilling Window 2025: Farm – Out and Initial Mobilization March GL enters the farm – out agreement to fund the first two exploration wells and earn up to 70%\u00b3 working interest in Jameson Land. Initial heavy equipment is delivered to East Greenland to begin preparing the beach landing, access road, drill pad, and field logistics . \u2074 Early to Mid 2026: Public Platform and Execution Partners Greenland Energy becomes a public company trading on Nasdaq as GLND, creating the platform\u2075 for the 2026 drilling campaign. The company secures key execution partners\u2074, including Stampede for drilling, Desgagn\u00e9s for Arctic logistics, and Halliburton for integrated services and well planning. 2026+: Field Readiness and First Drilling Long – lead procurement, sealift planning, road\/pad construction, and field readiness advance ahead of the first modern exploration well. OPW – 1 is targeted for the 2026 drilling window, with OPW – 6 currently positioned as the planned second well.\u00b3 Sources: \u00b3 \u2074 \u2075<\/p>\n
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How Basin Ownership is Earned Through Execution GLND funds: First exploration well ($40M)\u00b3 Second exploration well ($20M)\u00b3 50% Interest earned across Jameson Land license position\u00b3 70% Interest earned across Jameson Land license position\u00b3 Exploration drilling expands geological understanding and strategic basin value regardless of commercial outcome.\u00b3 Sources: \u00b3<\/p>\n
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Economic Potential Potential Advantages Large basin with large oil potential\u00b2 North Atlantic Margin Basin Large – scale oil exposure if commercial discovery is achieved Modern Arctic operating ef\ufb01ciencies\u2074 Advances in:\u2074 \u25cf Remote operations \u25cf Ice – class shipping \u25cf Modular infrastructure \u25cf Arctic logistics *AI generated illustrative image; not an actual project site, rig, or operating asset. Sources: \u00b2 \u2074<\/p>\n
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Experienced Operators & Partners Developed in partnership with operational and service providers with proven Arctic and frontier exploration capabilities Halliburton, IPT, and Stampede Drilling are mobilizing their personnel and equipment\u2074 to Optimally Positioned Wells (OPW – 1 and OPW – 6)\u00b3 \u25cf Halliburton is acting as logistics and service provider. \u25cf IPT Well Solutions is acting as engineering partner. \u25cf Stampede is acting as drilling operations partner. Sources: \u00b3 \u2074<\/p>\n
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Arctic energy exploration – One of the last true industrial frontiers. Why Greenland Energy Majority basin ownership exposure\u00b3 Historically validated hydrocarbon presence\u00b9 Signi\ufb01cant resource potential\u00b2 Modern drilling catalysts approaching\u00b3 \u2074 Fully funded initial exploration budget for two – well program\u00b3 \u2075 De\ufb01ned earn – in license framework\u00b3 Sources: \u00b9 \u00b2 \u00b3 \u2074 \u2075<\/p>\n
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Unlocking the potential of one of the largest undeveloped arctic energy basins. greenlandenergyco.com | @GL_Energy_Co | Greenland Energy Company NASDAQ: GLND<\/p>\n
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Sources Cited \u00b9 Historical ARCO \/ Legacy Exploration \u25cf Pelican EGM Proxy \u25cf Nasdaq Business Combination Completion \u25cf Nasdaq $70M Offering Closing \u25cf Oilfield Technology article \u25cf BLS Inflation Calculator \u25cf What is Prudhoe Bay? \u25cf ARCO strikes oil at Prudhoe Bay \u25cf Greenland\u02bcs Untested Oil Basin Could Be the Next Big Discovery \u00b2 Resource Estimate \/ Basin Scale \u25cf Prospectus \u25cf S – 1 \u25cf Oilfield Technology article \u00b3 Earn – In \/ License Terms \/ Drilling Plan \/ Timeline \u25cf Prospectus \u25cf S – 1 \u25cf Pelican EGM Proxy \u2074 Partners \/ Mobilization \/ Field Readiness \u25cf Prospectus \u25cf Nasdaq Stampede Rig Agreement \u25cf GlobeNewswire Halliburton Agreement \u25cf Nasdaq $70M Offering Closing \u2075 Transaction \/ Public Platform \/ Financing \u25cf Nasdaq Business Combination Completion \u25cf Nasdaq $70M Offering Closing \u25cf Prospectus \u2076 2D Seismic Background \/ Educational Explanation \u25cf MIT 2D Seismic Background<\/p>\n
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Image Sources Slide 3 https:\/\/ian.macky.net\/pat\/map\/arct\/arct.html Slide 7 https:\/\/www.usgs.gov\/media\/images\/landsat – 9 – image – prudhoe – bay – alaska Slide 8 https:\/\/commons.wikimedia.org\/wiki\/File:Earth_from_Space – _Liverpool_Land,_Greenland_ESA24716944.tiff Slide 12 https:\/\/web.mit.edu\/12.000\/www\/finalpresentation\/experiments\/geology2.html Slide 13 https:\/\/commons.wikimedia.org\/wiki\/File:Jameson_Land_topography.png Slide 19 https:\/\/www.mrt.com\/business\/oil\/article\/baker – hughes – drilling – activity – continues – rise – 17926155.php This deck contains AI – generated image created using Google Gemini on slides 1, 2, 4, 17, 19, and 20. Used for illustrative and conceptual purposes only. The images do not depict actual Greenland Energy Company equipment, contractors, drilling locations, operational status, infrastructure, or field conditions. No representation is made that any of these images reflect current or future site conditions. Google does not endorse this presentation.<\/p>\n
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Exhibit 99.2<\/p>\n
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PRESS RELEASE<\/p>\n
\u00a0<\/p>\n
Greenland Energy Company Announces Availability of Updated Investor Presentation<\/p>\n
\u00a0<\/p>\n
New investor presentation highlights Jameson Land Basin opportunity, near-term drilling plans, strategic partnerships and Greenland Energy\u2019s Nasdaq-listed public platform<\/p>\n
\u00a0<\/p>\n
Houston, May 18, 2026 \u2014 Greenland Energy Company (NASDAQ: GLND)
\n(\u201cGreenland Energy\u201d or the \u201cCompany\u201d), an energy exploration company focused on advancing the Jameson Land Basin
\nopportunity in East Greenland, today announced that it has made available an updated investor presentation.<\/p>\n
\u00a0<\/p>\n
The presentation provides an overview of the Company\u2019s proposed
\nstrategy to advance exploration of the Jameson Land Basin through modern technology, strategic partnerships and near-term drilling catalysts.
\nThe presentation highlights the Company\u2019s rights to earn up to a 70% working interest across the Jameson Land license position upon
\ncompletion of two exploration wells, including OPW-1 and OPW-6, as well as the independent engineering estimate of up to approximately
\n13.0 billion barrels of gross un-risked prospective resources.<\/p>\n
\u00a0<\/p>\n
The updated investor presentation also summarizes the Company\u2019s planned execution milestones, including procurement and field-readiness activities, infrastructure mobilization, road and pad construction planning, and the Company\u2019s targeted 2026 drilling window for OPW-1 and OPW-6. The presentation further describes Greenland Energy\u2019s operational relationships with key execution partners, including Stampede Drilling, Halliburton and IPT Well Solutions.<\/p>\n
\u00a0<\/p>\n
\u201cThe Jameson Land Basin represents a basin-scale frontier exploration opportunity with significant historical technical work, substantial resource potential and a defined earn-in framework,\u201d said Robert Price, Chief Executive Officer of Greenland Energy. \u201cWith our public company platform now established, key operational partners engaged, and field readiness activities advancing, we believe Greenland Energy is positioned to pursue a disciplined, milestone driven exploration program in East Greenland.\u201d<\/p>\n
\u00a0<\/p>\n
The investor presentation has
\nbeen furnished to the Securities and Exchange Commission as an exhibit to a Current Report on Form 8-K and is available on the Investor
\nRelations section of the Company\u2019s website at https:\/\/greenlandenergyco.com\/investor-relations\/<\/p>\n
\u00a0<\/p>\n
About Greenland Energy Company<\/p>\n
\u00a0<\/p>\n
Greenland Energy Company is an exploration-stage oil and gas company focused on responsibly exploring and seeking to develop Greenland\u2019s hydrocarbon resources, with an emphasis on the Jameson Land Basin in East Greenland. The Company\u2019s primary mission is to unlock the frontier hydrocarbon potential of the Jameson Land Basin, an approximately 2-million-acre onshore licensed area, through the application of modern exploration technologies. The Company is preparing to execute the first modern onshore drilling campaign in the region, currently planned for 2026.<\/p>\n
\u00a0<\/p>\n
For more information, please
\nvisit www.GreenlandEnergyCo.com<\/p>\n
\u00a0<\/p>\n
Forward-Looking Statements<\/p>\n
\u00a0<\/p>\n
This press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of present or historical fact, including statements regarding Greenland Energy Company\u2019s future financial performance, business strategy, operations, financial position, projected costs, prospects, plans, management objectives, expected benefits of the Company\u2019s recent business combination, exploration plans, drilling activities, timing, capital needs, financing plans, regulatory approvals, prospective resources, earn-in rights, license matters, strategic partnerships, field-readiness activities, infrastructure mobilization and planned OPW-1 and OPW-6 activities, are forward-looking statements.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
Forward-looking statements are generally identified by words such as \u201cbelieve,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201ctarget\u201d or similar expressions, although not all forward-looking statements contain such identifying words. These statements are based on management\u2019s current expectations, assumptions and beliefs, are not guarantees of future performance and involve risks and uncertainties, many of which are difficult to predict and beyond the Company\u2019s control, that could cause actual results to differ materially.<\/p>\n
\u00a0<\/p>\n
Factors that could cause actual results to differ materially include, among others, exploration and geological risks, including the Company\u2019s development-stage status, limited operating history, lack of revenues or proved reserves, uncertainty in prospective resource estimates, limited seismic data, geological complexity, lack of prior commercial discovery in the basin and high-cost frontier exploration; operational and environmental risks, including remote Arctic operations, extreme weather, limited infrastructure, seasonal access windows, drilling hazards, environmental releases, climate change scrutiny and reliance on third-party contractors; regulatory and political risks, including drilling restrictions, grandfathered license limitations, permitting requirements, geopolitical developments and potential forfeiture of working-interest rights if drilling milestones are not met; and financial and capital risks, including significant capital needs, commodity price volatility, long development timelines, going-concern uncertainty, energy transition risks, public company compliance costs, Nasdaq listing requirements and trading-price volatility. Investors should review the Company\u2019s SEC filings, including its Proxy Statement\/Prospectus dated February\u00a018, 2026, its most recent Form 10-Q and subsequent filings, for a more complete discussion of risks and uncertainties.<\/p>\n
\u00a0<\/p>\n
This press release includes references to prospective resources, exploration targets, operational milestones, timing expectations, industry data and other estimates and assumptions, including references to prospective recoverable resources, exploration prospects and planned OPW-1 and OPW-6 activities. Prospective resources are inherently uncertain, have not been confirmed by drilling, do not constitute proved reserves and are not a guarantee of commercial discovery, production, revenue, cash flow or economic return. Industry and third-party data are provided for informational purposes only, and no representation is made as to their accuracy or completeness.<\/p>\n
\u00a0<\/p>\n
To the extent this press release includes non-GAAP financial measures or financial, operating or technical metrics, such measures are provided for supplemental informational purposes only and should not be considered in isolation from, or as a substitute for, GAAP financial information or the relevant definitions, assumptions and limitations.<\/p>\n
\u00a0<\/p>\n
This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy or a recommendation to purchase or sell any securities. Any securities offering, if made, will be made only pursuant to definitive offering documents and applicable securities laws. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.<\/p>\n
\u00a0<\/p>\n
Contact: contact@greenlandenergyco.com<\/p>\n
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