The DisruptED World of Energy in the Jameson Oil Basin with Robert Price and Larry Swets

 

The global conversation around oil is shifting as it is defined by energy transition, geopolitical tensions, and accelerating technology. While the world races toward decarbonization, demand for reliable, dispatchable energy continues to climb. Oil and gas still account for roughly 55 percent of global energy consumption, even as renewable capacity grows year over year. Whoever controls emerging energy discoveries can influence not just markets, but geopolitics.

Could a remote, largely unknown oil basin in Greenland disrupt the world’s balance of energy power?

On this episode of DisruptED, host Ron J. Stefanski welcomed Larry Swets, CEO of Greenland Energy, and Robert Price, Head of Capital Markets and Reinsurance at FG Nexus, to discuss the creation of Greenland Energy and the groundbreaking activities underway at the Jameson Oil Basin—a discovery that could rival the North Sea and reshape Greenland’s economic future. Together, they share how deep historical data, financing expertise, and a commitment to cleaner exploration methods are converging to unlock billions of barrels of potential energy.

Key points from the conversation:

  • Using previously unreleased seismic data from ARCO (former sixth-largest global O&G company), Price and his team identified major oil markers genetically linked to the North Sea, suggesting billions of barrels of generated oil in the Jameson Basin
  • Swets, known for turning complex financial challenges into structured opportunities, joined forces with Price to form Greenland Energy and bring the project into commercial reality
  • While pursuing oil exploration, the team emphasizes responsible energy transition—integrating carbon sequestration, hydrogen alternatives, and supporting Greenland’s path toward economic independence.

Larry Swets is the CEO of Greenland Energy and a veteran finance leader known for structuring complex capital market deals and turnaround investments. He has decades of experience in M&A and alternative financing, he specializes in bringing unconventional opportunities to market.

Robert Price, Head of Capital Markets and Reinsurance at FG Nexus, is a lifelong energy entrepreneur and energy lawyer who has led multiple oil and gas exploration ventures. His work spans power generation, hydrogen innovation, CO₂ sequestration, and large-scale energy project development. His expertise includes repurposing traditional energy assets into cleaner, transitional power systems.

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