Company: PELI
Filing Date: 2025-10-24
Form Type: 8-K
Source: 0001829126-25-008406
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Company: Pelican Acquisition Corp
Filing Date: 2025-10-24
Form: 8-K
Item: Item 7.01
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Item 7.01      Regulation FD Disclosure  

On October 22, 2025, Fortune published an article
titled “ A Texas company plans to drill for oil in Greenland despite a climate change ban and Trump’s desire to annex the territory”
which referenced several figures from a reserve report by Sproule ERC. The reserve report of Sproule ERCE (the “ Reserve Report”)
related to the evaluation of the prospective resources of March GL’s Greenland license as of September 1, 2025. The Reserve Report is filed
herewith as Exhibit 99.1 and is incorporated by reference herein.

Cautionary Statements to Investors on
Reserves and Resources