Haynes Boone represented March GL Company in a definitive merger agreement with Pelican Acquisitions and Greenland Exploration. The newly combined company has an implied valuation of $215 million and provides March GL with up to 70% ownership in licenses, covering more than 2 million acres of the Jameson Land Basin in East Greenland.
Haynes Boone partner Nick Davis led the coordination of the deal with the support of the merger and acquisitions partner Larry Shosid and energy partner Glenn Kangisser. Additional support was provided by the cross-practice team, which includes counsels Shu Shu Wong and Natalie Georgiou, along with associates Maya Thomas, Logan Weissler and Kayley Rousell.
