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Greenland Energy Company pays £500,000 fee to 80 Mile plc for amendments to the Jameson Land Farm-Out Agreement, extending exploratory timelines. The new deadlines aim to align operations with regulatory approvals.
Amount Raised
£500,000
Round Type
Seed
TexasEnergyOil And GasRenewable EnergyBiomass EnergyDescription
Greenland Energy Company has announced an extension of the Jameson Land Farm-Out Agreement with 80 Mile plc. This amendment provides additional time for the company to advance its drilling program while the permitting process progresses. The company will pay a fee of £500,000 to 80 Mile to facilitate the agreement amendments. The operational preparations undertaken remain preserved as they align with necessary approvals.
Fundz sees it the moment Greenland Energy Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Greenland Energy Company raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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