Greenland's Untested Oil Basin Could Be the Next Big Discovery [Yahoo! Finance]
Pelican Acquisition Corporation - Unit (PELIU)
Company Research
Source: Yahoo! Finance
The last time the oil industry chased a frontier like this, it changed the map of global energy. In 1968, a wildcat well on Alaska's North Slope unlocked Prudhoe Bay , the largest oil field ever discovered in the United States. In 2015, Exxon drilled a well offshore Guyana that opened the Stabroek Block , now estimated to hold more than 11 billion barrels of recoverable oil. Both discoveries started the same way: a small group of geologists drilling a well in a place most of the industry had already written off. A company called Greenland Energy now plans to test a similar frontier. Its target lies in the remote Jameson Land basin on Greenland's east coast — one of the last unexplored petroleum systems in the Arctic. And the timing may be unusually important. Greenland has suddenly become a geopolitical flashpoint . Washington has pushed to bring the island more firmly under U.S. influence as Arctic shipping routes open and Russia and China expand their presence across th
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- Pelican Acquisition Corporation (NASDAQ: PELI) Announces Successful Approval of its Business Combination with Pelican Holdco, Inc., Greenland Exploration Limited, and March GL Company at the Extraordinary General Meeting of Shareholders held on March 19, Acquire Media Monitor
- Pelican Acquisition Corporation (NASDAQ: PELI) Announces Successful Approval of its Business Combination with Pelican Holdco, Inc., Greenland Exploration Limited, and March GL Company at the Extraordinary General Meeting of Shareholders held on March 19, GlobeNewswire
- Greenland Energy and Pelican Acquisition Corporation (NASDAQ: PELI) Appoints Ashiq Merchant, former BP executive, as Chief Financial Officer to Drive Transition to Public Markets and Advance World-Class Arctic Operations [Yahoo! Finance]Yahoo! Finance
- Greenland Energy and Pelican Acquisition Corporation (NASDAQ: PELI) Appoints Ashiq Merchant, former BP executive, as Chief Financial Officer to Drive Transition to Public Markets and Advance World-Class Arctic OperationsGlobeNewswire
- Pelican Acquisition Corporation Issues Clarification Regarding Potential Application of Stock Repurchase Excise TaxGlobeNewswire