EventGreenland Energy originally planned a summer 2026 test well in the Jameson Land Basin, but moved drilling gear without prior approval. The Greenland government requested winter drilling and issued further delays over an equipment‑moving permit, pushing the first well to late 2027. CEO Robert Price remains bullish despite the project’s 85% market‑cap plunge, and a planned Dr. Phil documentary is also on hold.
A Texas oil firm’s planned test well in Greenland’s Jameson Land Basin has been pushed back to the end of 2027 after a series of permitting and equipment‑moving disputes, even as its CEO remains bullish and a planned Dr. Phil documentary is delayed.
Greenland authorities have postponed drilling by Trump‑linked Oil company until at least winter 2027, citing incomplete approvals and environmental concerns.
Greenland’s government warns that the Texas‑based 80 Mile plc and its U.S. partner Greenland Energy, chaired by Trump‑linked Larry Swets Jr., have moved drilling gear to the Jameson Land Basin without authorization; authorities insist all logistics must be pre‑approved before work proceeds.
