Greenland Energy extends Jameson Land drilling longstop dates to Dec. 31, 2028, pays 80 Mile fee of £500,000

• Greenland Energy extended the Jameson Land Basin farm-out timetable with 80 Mile, pushing both first and second exploration-well longstop dates to Dec. 31, 2028.
• Assumed its subsidiary’s rights and obligations under the farm-out agreement, keeping the underlying deal in force.
• Took sole responsibility for project-specific drilling permits and approvals at its own cost; 80 Mile remains responsible for other government consents.
• Will pay 80 Mile a fee of £ 500,000 within five business days of the deed’s effective date.

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