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Fortune
Fortune
Jordan Blum

A Texas company plans to drill for oil in Greenland amid a climate change moratorium and Trump’s desire to annex the nation

A plane carrying Donald Trump Jr. arrives in January in Nuuk, Greenland, where he is making a short private visit after his father, President Trump, suggested Washington annex the autonomous Danish territory.

Veteran oilman Robert Price was regaled with stories of dogsledding and adventures in Greenland as a child from his father who served as a military weatherman there during World War II.

Those stories kept the massive, icy North American territory in his mind until this year. After a series of still-pending deals, Price will soon become the CEO of Texas-based Greenland Energy, the first publicly traded company created to drill for oil onshore in Greenland, The first well is tentatively scheduled for next summer.

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