RE: RNS 03/07/26: GLND Appoints Rod McIllree as Managing DirectorToday 08:50
The RNS says: "80 Mile plc would also like to clarify that its subsidiary, White Flame Energy A/S, as the 100% holder of the Jameson Land Basin exploration licences, is solely responsible for all aspects of assessment, permitting and regulatory engagement with the Government of Greenland, Kommuneqarfik Sermersooq, and other relevant authorities. All field activities, Environmental Impact Assessments (EIA), Social Impact Assessments (SIA), and any permit to drill are all subject to approval by the Greenland Government. Mr. McIllree will oversee Greenland Energy Company's day-to-day activities in Greenland, with a primary focus on permitting, regulatory engagement and stakeholder relations in support of the planned exploration programme at Jameson. He will lead interactions with Greenlandic authorities and local stakeholders, including ensuring that the Environmental Impact Assessment, Social Impact Assessment, Field Activities Application and drilling permit processes are all done in accordance with and respect for Greenland regulations."
I am not surprised to read the above clarification in the RNS regarding the division of responsibilities between the two companies. In fact, more than a year ago on 30/06/25, I posted this comment: "I see the respective roles of MGL and 80M as follows: (a) MGL - Field Operations Manager for Project 1 and, subject to its successful completion, for Project 2, and fully funding all the costs associated with drilling Well 1 and Well 2, including mobilisation/demobilisation costs. (b) 80M - Support on geological aspects, ensuring regulatory requirements are met (liaising with MLSA on fieldwork permits, completion of EIA and SIA, etc) and consultation with local citizens and stakeholders. My impression is that MGL will be managing and leading the show on all matters to do with operations, supported by IPT (Engineering); Stampede Drilling (Drilling) and Halliburton (Logistics and Service Provider). MGL is made up of individuals and members of oil dynasty families. They are basically a collection of wildcatters who have made fortunes in the US over the last 40 years. They are in a hurry to see a return from their investment in Jameson."
Things are heating up for me, so I’d like to remind readers of my mantra: 'It pays to think outside the box!'"
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