The Unrelenting Quest for Greenland's Oil The latest development in the ongoing saga of Greenland Energy's bid to tap into the island nation's oil reserves is a stark reminder that some companies will stop at nothing to extract the last drop, no matter how many obstacles are thrown their way.
Amidst growing tensions between Denmark and Washington over Greenland's future, Robert Price's Texas based company continues to push forward with its ambitious plans, despite repeated delays and setbacks.
Price's team has been working towards extracting 2. 9 billion barrels of oil from the Jameson Land Basin, a prize that could potentially rival Alaska's Prudhoe Bay discovery in the late 1960s.