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Greenland Energy Company (the "Company") (NASDAQ: GLND) today announced that it has entered into a Deed of Variation and Novation (the "Deed") with 80 Mile plc (AIM: 80M) ("80 Mile") and March GL Company, a wholly owned subsidiary of the Company ("March GL"), relating to the parties' existing Farm Out Agreement concerning the Jameson Land Basin in East Greenland.
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed after Greenland Energy agreed indicative terms for a £61.48 million all-share acquisition. 80 Mile shares rose 7% to 0.80p, remaining below the approximately 1.1p implied in the proposed acquisition. Under the proposal, each 80 Mile share...
80 Mile PLC (AIM:80M, OTCQB:BLLYF) announced it has agreed indicative terms for a £61.5 million all-share takeover by Nasdaq-listed Greenland Energy Company, with the proposed 1.1p-per-share valuation representing a 46.7% premium to 80 Mile’s closing price immediately before the offer period...
Greenland Energy Company has postponed its planned oil drilling campaign in East Greenland until winter 2027 after project equipment was brought ashore without prior government approval.
Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) is raising £460,000 to launch a European gas strategy, eyeing projects in Italy, Czechia and Turkey. That's alongside its Texas oil production, which generated positive cash flow in June. Predator Oil & Gas Holdings PLC (LSE:PRD) has moved its Snowcap-3 well in Trinidad closer to drilling. Site prep is underway now, with drilling and testing expected to wrap by early November. 80 Mile PLC (AIM:80M, OTCQB:BLLYF) says drilling at its Jameson Land project in Greenland is being pushed back to winter 2027. It also got a formal warning from Greenland's gover
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares tumbled 20% on Wednesday after it told investors that drilling at the Jameson Land Basin project in East Greenland will be delayed, with regulators currently guiding towards winter 2027 rather than the previously targeted 2026/27 winter season. The...
Greenland Energy Company (the "Company") (NASDAQ: GLND) today announced that it has received an update from its JV partner, 80 Mile plc (AIM: 80M), which is leading the permitting process for the Company's Greenland project. Based on information received by 80 Mile from the Government of Greenland, the project's complexity will require a more extensive, comprehensive review process. The partners are now working toward a targeted permit timeline for winter 2027.
Greenland Energy Company (NASDAQ: GLND) ("the Company" or "Greenland Energy"), an oil exploration company focused on East Greenland's Jameson Land Basin, today issued the following letter to shareholders from its management and board of directors. The letter sets out the Company's progress with the Greenlandic authorities and regulators and preparations occurring at the Jameson Land Basin:
Trump extended the deadline for Iran to reopen the Strait of Hormuz to April 6, saying talks were “going very well”
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed, rising around 10% to 1.23p, as the helium firm's Jameson project saw an implied valuation of some $148 million, as partner Greenland Energy Company began trading on NASDAQ (under the ticker GLND). GLND ended its debut day, Thursday 26...
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares jumped on Wednesday as it revealed it is moving its shares from the London Stock Exchange’s SETSqx platform to SETS from today, a step the company said should widen investor access and improve liquidity. The AIM-listed explorer and developer said the...
80 Mile PLC ('80M' or the 'Company'), the AIM, FSE, and OTC.BLLYF listed exploration and development company with projects in Greenland, Finland and Italy, is pleased to announce that it has entered into a Binding Head of Terms ("HoT") with USFM Corporation ("the US Partner") setting out the terms for the US Partner to fund US$30 million to earn 51 percent of the Disko-Nuussuaq project in West Greenland ("Disko") (the "Proposed Transaction"). 80 Mile will act as the operator and will receive a m
80 Mile PLC ('80M' or the 'Company'), the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, notes the recent announcement as of October 28th, by its US joint venture partner, March GL Company ("March GL") and Pelican (PELI.Nasdaq) ("Pelican"), regarding the results of an independent assessment and prospective resources report prepared by Sproule ERCE (the "Sproule Report") confirming the world-class potential of the Jameson Land Basin ("J
80 Mile PLC ('80M' or the 'Company'), the AIM, FSE, and OTC listed exploration and development company, is proud to announce a series of major commercial developments at its Ferrandina biofuels facility in southern Italy, ("Ferrandina") underscoring the strong and growing demand for sustainable aviation fuel ("SAF"), hydrotreated vegetable oil ("HVO"), and biodiesel across Europe.
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