Small floating oiler SPAC (PELI), ran to $40 and now the pull-back. Oil sector...
Greenland Energy to trade under new symbol on NASDAQ: GLND
Jameson Land Basin includes over 2,000,000 acres covering the entire petroleum basin. Independent engineering report from Sproule ERCE indicates upside of 13 billion barrels of recoverable oil.
Greenland Energy maintains the rights to own up to 70% of three onshore licenses of the Jameson Land Basin in East Greenland - the focus of extensive exploration and research for decades.
The Business Combination creates a publicly traded energy company focused on enhancing global energy security through the responsible development of Greenland’s natural resources.
$215 Million Implied Valuation for Greenland Energy.
Think Equity continues to be financial advisor to GLND.