Mr. Lyle Whitmarsh reports

STAMPEDE DRILLING INC. PROVIDES ADDITIONAL INFORMATION ON UPFRONT CAPITAL FUNDING AND RIG MOBILIZATION FOR GREENLAND OPERATIONS

Stampede Drilling Inc., further to its press release of June 30, 2026, is providing additional information on the upfront capital financing from Greenland Energy Company (Nasdaq: GLND) in support of its drilling program in East Greenland's Jameson land basin. The financing will be applied to capital upgrades to Stampede's rig in preparation for Arctic operations under the corporation's committed term contract. The upfront capital financing is in an amount of $4-million (U.S.). All other details and advisories contained in the prior release remain unchanged.

About Stampede Drilling Inc.

Stampede Drilling is an energy services company based in Calgary, providing premier contract drilling services with a fleet of high-quality rigs and experienced field staff. Focused on safety, efficiency and value, Stampede serves the oil and natural gas industry in Western Canada and emerging frontier regions.