Greenland Energy Enters Farm-Out Agreement With 80 Mile And March GL On The Jameson Land Basin, With The Company Assuming March GL's Rights And Obligations
Company 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"),
Greenland Energy took over some oil and gas exploration rights in Greenland. When companies swap who owns exploration rights, it shows they're reshuffling plans and staying active in the area.
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