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Funny you don't put that the company is doing what the sec wants and that they know nothing about the complaint...
Whoa there cat person (I prefer dogs)...
The company knows everything about the SEC reason for suspension. They may not know how much evidence the SEC has...yet. What is unusual is this is the first one where I've seen a company bother to issue a 8K, and tell the market they are under a "formal" SEC investigation, as opposed to an "informal" one. Most stay quiet, as in why bother telling the market anything? What's there to gain? Or make up stories, or even jump up and down at the SEC. We might have an example where on the advise of the lawyers the company is trying to come as clean as it can filing an 8K for a "material event", in return for mercy from the SEC (e.g. lower final fines)? Trying to show cooperation coming out of the gate. That's the only "choice" the company had to make. It does give one an idea of what a company receives on a suspension, other than the vanilla goop the SEC announces with a suspension. Interesting.
With the SEC granting its investigators subpoena power via a now formal investigation, as lucky says, the company has little choice, but to cooperate with the SEC. Unknown how many of these suspensions reach formal investigation status this quickly, but POLR sure did.
Funny you don't put that the company is doing what the sec wants
lolol. they don't have a choice.
Funny you don't put that the company is doing what the sec wants and that they know nothing about the complaint...
helping the sec out? that's funny. they were subpeoned. the sec is intending to sue.
Ok so what buisness as usual in the meantime they helping the sec out... I guess will know more later for now...
lol. I know. I just posted it.
What any new info or your opinion???? Post it
apparently the sec thinks polr is playing games. polr will find out the sec doesn't.
The Company has been informed that the SEC has issued an order directing a private investigation to determine whether (a) Polar, its officers, directors, employees, partners, subsidiaries and/or affiliates, or other persons or entities, may have been or may be offering to sell, selling and delivering after sale to the public, or offering to sell or to buy, certain securities, including, but not limited to Polar common stock, as to which no registration statement was or is in effect and for which no exemption from registration was or is available; (b) Polar, its officers, directors, employees, partners, subsidiaries and/or affiliates, and/or other persons or entities, in the offer or sale or in connection with the purchase or sale of certain securities, may have been or may be employing devices, schemes or artifices to defraud, obtaining money or property by means of untrue statements of material fact or omitting to state material facts necessary in order to make the statements made, in the light of the circumstances under which they were or are made, not misleading, or engaging in transactions, acts, practices or courses of business which operated, operate, or would operate as a fraud or deceit upon any person; (c) consultants, partners and/or affiliates of Polar, and/or others, may have published, given publicity to, or circulated any notice, circular, advertisement, newspaper, article, letter, investment service or communication which, though not purporting to offer Polar’s securities for sale, describes such security for a consideration received or to be received, directly or indirectly, from Polar, without fully disclosing the receipt of such consideration and the amount thereof; or (d) Polar, its officers, directors, employees, partners, subsidiaries and/or affiliates may have been or may be filing or causing to be filed with the SEC annual reports on Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q that may have contained untrue statements of material fact or may have omitted and may omit to state material facts necessary, or may have failed to add such further material information as may be necessary, in order to make the statements made, in the light of the circumstances under which they were or are made, not misleading. The SEC has issued to the Company a subpoena for documents and ordered the deposition of Company officers.
http://www.sec.gov/Archives/edgar/data/1520320/000146929913000136/polarform8k061013.htm
SAME HERE WHO IS PLAYING GAMES????
Me no see no game.
$0.40 17,044 OTO 15:23:29
$0.51 150 OTO 15:17:47
Someone wanted to sell at 0.40. The brokers found one or more matching buyers at that price. The broker is responsible for getting the price their client wants. Neither side is going to say the trade can't be made because the prior one was at 0.51, and the spread is too large. There is no spread in the greys!
There's another stock I'm following they are complaining the MMs are keeping the stock down. Never mind there are no MMs involved with the pricing for a grey stock. Why do they believe this? Because someone with a bid in which is +10% higher hasn't been hit. Those evil MMs are keeping the PPS down! In reality their broker just hasn't found a matching lot at that price. Ten months post suspension there's a conspiracy to keep the stock down (i.e. -69% from pre-suspension price). Those who loaded up to the gills in paper, averaging down are the most vocal.
SAME HERE WHO IS PLAYING GAMES????
Time & Sales
Price Size Mkt Time
$0.50 1,750 OTO 15:58:50
$0.50 250 OTO 15:58:37
$0.55 100 OTO 15:57:34
$0.51 150 OTO 15:48:38
$0.44 4,500 OTO 15:31:38
$0.51 100 OTO 15:25:22
$0.48 2,000 OTO 15:24:26
$0.40 1,218 OTO 15:23:29
$0.40 17,044 OTO 15:23:29
$0.51 150 OTO 15:17:47
$0.48 4,394 OTO 14:59:11
$0.50 1,000 OTO 13:58:22
$0.50 250 OTO 13:58:22
$0.50 2,000 OTO 13:58:22
$0.50 191 OTO 13:58:21
$0.50 40,000 OTO 13:57:45
$0.50 200 OTO 13:01:43
$0.50 202 OTO 12:36:59
$0.58 500 OTO 12:23:58
$0.50 1,000 OTO 12:15:02
$0.50 2,000 OTO 12:05:18
$0.50 370 OTO 12:01:03
$0.50 1,000 OTO 11:44:08
$0.51 100 OTO 11:43:45
$0.50 1,100 OTO 11:41:28
$0.50 1,000 OTO 11:40:54
$0.51 100 OTO 11:40:06
$0.48 100 OTO 11:39:52
$0.48 1,000 OTO 11:39:13
$0.525 2,000 OTO 11:38
Good point I will look into your info... you notice it was quiet until the last half hour.... seems some want this down regardless.... now that the MMS can't play games WHO IS????
You think POLR going to lay down and cry????
Yes. If the lawyers tell their clients or management to cry in an attempt to reduce subsequent SEC fines, then they will likely produce tears.
TimeMMIDSize Bid Level 2 is onlyavailable in Real-Time AskSize MMIDTime Level 2 is onlyavailable in Real-Time Time & SalesPriceSize MktTime$0.60500 OTO15:24:30$0.651,000 OTO15:14:35$0.651,000 OTO15:04:06$0.603,000 OTO15:03:56$0.57100 OTO14:52:27$0.60200 OTO14:45:51$0.65579 OTO14:26:03$0.56398 OTO14:22:20$0.551,330 OTO14:06:48$0.60530 OTO14:05:33$0.601,100 OTO14:05:25$0.6010,000 OTO14:01:18$0.60600 OTO13:58:23$0.65153 OTO13:55:04$0.657,000 OTO13:54:56$0.651,800 OTO13:49:36$0.651,000 OTO13:49:14$0.55400 OTO13:42:54$0.55400 OTO13:42:12$0.60500 OTO13:32:07$0.602,000 OTO13:28:08$0.60170 OTO13:11:44$0.60500 OTO12:42:25$0.64500 OTO12:38:18$0.601,050 OTO12:38:06$0.6010,000 OTO12:17:40$0.601,000 OTO12:11:04$0.605,000 OTO12:04:12$0.65330 OTO11:50:22$0.655,000 OTO11:50
You think POLR going to lay down and cry???? I say up we need to be updated and filings but it depends on what they do...
So what range do you see this stock from now to end of next week?
Thats a pipe dream.... to much support to steal shares... accum hasn't drop much... just some flipping since trading...
Level II QuotebookTimeMMIDSize Bid Level 2 is onlyavailable in Real-Time AskSize MMIDTime Level 2 is onlyavailable in Real-Time Time & SalesPriceSize MktTime$0.80150 OTO15:30:39$0.7215,000 OTO15:21:30$0.720 OTO15:19:23$0.7215,000 OTO15:19:00$0.761,000 OTO15:18:18$0.802,000 OTO15:18:04$0.851,185 OTO14:35:13$0.852,000 OTO14:16:52$0.80285 OTO14:10:43$0.801,100 OTO13:57:24$0.786,880 OTO13:48:34$0.781,400 OTO13:44:12$0.7525,000 OTO13:29:47$0.78500 OTO13:28:43$0.781,000 OTO13:28:43$0.75200 OTO13:27:31$0.763,000 OTO13:26:53$0.801,215 OTO13:26:34$0.80500 OTO13:26:24$0.7518,000 OTO13:20:00$0.801,000 OTO13:17:17$0.80500 OTO13:17:11$0.80420 OTO13:17:11$0.80200 OTO13:17:11$0.81500 OTO13:17:00$0.80500 OTO13:13:40$0.80100 OTO12:40:47$0.82500 OTO12:39:43$0.85300 OTO12:34:19$0.80200 OTO12
looks like the dead cat bounce is over. how many lives will this scam cat have?
Even Etsy sellers could be making claims
Even Etsy sellers could be making claims (beautiful product, "rare", unique, exotic) that are unsubstantiated.
The SEC is composed of human beings who may also own stock and/or present themselves as protecting citizens when they could be faking the need for a federal agency.
They could, indeed, be FAKES.
WHERE does it say this under the report????
Is POLAR automaticly guilty by the SEC??????
WHERE does it say this under the report???? management has violated securities laws your words..
Heres another one...In accordance with Section 17(b) of the Securities Act of Nineteen Thirty Three, you are hereby advised that Eastman Communications, Inc. (ECI) is receiving a fee between $7,000 and $15,000, from an independent third party as compensation for the distribution of this advertisementCommodity United Ltd.------------------- paid the publisher, Pond Research LLC, the sum of $700,000. This total production budget was applied towards costs associated with creating, printing and distributing this report. Excess funds remaining after production, if any, will be retained by the publisher as profit.
…
Hard Asset Report is a trademark of Pond Research LLC.
Is POLAR automaticly guilty by the SEC?????? It was a third party .. It takes years to be proven IF IF POLR WAS.... you don't know and neither do I but I don't accuse until proven.... post 264 shows otherwise... The U.S. Securities and Exchange Commission has halted Polar Petroleum Corp., an OTC Bulletin Board company that went to $5.99 from 99 cents in a one-month span. (All figures are in U.S. dollars.) The SEC cites questions about promotional materials and the accuracy of the company's news. Although the regulator provides few specifics, it is likely referring at least in part to a tout sheet that listed a $27 price prediction for the stock.
The halt notice comes just four months after Polar Petroleum started calling itself an oil and gas company, when it acquired leases in Alaska. It had previously been a thinly traded shell, with an office in Edmonton. Within weeks of acquiring the leases, the stock started trading heavily, reaching a $5.99 high on May 14 with volume that day of over 1,003,186 shares. THANKS BUT I WILL KEEP TRADING...
Again why sec halted for 10days.. who cares about the promotion???
As in who cares the SEC has signaled to the market, management has violated securities laws, and engaged in fraud or promotional activities. Unclear how that translates into being a sound investment.
You seem to have been busy with a slew of posts. Without reading all of them, was there one which started POLR had an exploratory well, giving the initial flow rate? Without that there are no proven reserves. Doesn't matter if the POLR lease is next to a producing field or not. Owning a lease in an area the likes of Exxon said - no thanks should tell you something.
What we do know is the SEC has accused the company of inaccurate PRs, and participating in a stock promotion scheme. Essentially the SEC has accused management of this company of fraud. If that's the type of stock one enjoys "investing" in, then by all means keep buying. But it won't change the fact the SEC has warned the market it has found securities violations sufficient for later civil court litigation.
Kind of odd the SEC objects to this company when so many others do essentially the same things - make great claims, etc.
Maybe they just hate Alaska, or only do spot checks.
And the feds do many things which give us reason to doubt their honesty and integrity.
nonsense. read the notice again:
The Commission temporarily suspended trading in the securities of Polar because of questions
regarding the accuracy and adequacy of assertions by Polar, and by others
Again why sec halted for 10days.. who cares about the promotion???The SEC cites questions about promotional materials and the accuracy of the company's news. Although the regulator provides few specifics, it is likely referring at least in part to a tout sheet that listed a $27 price prediction for the stock.http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3A*SEC-2079445&symbol=*SEC®ion=C
http://www.petroleumnews.com/pdfarch/865656443.pdfLAND & LEASING
Polar to buy Point Thomson area leases
Polar Petroleum (Alaska) Corp. is looking to buy a plot of leases north of Point
Thomson.
The small independent recently signed a letter of intent to purchase 100 percent working interest in 12 leases north of the ExxonMobil-operated unit on the
eastern North Slope.
Polar Petroleum currently operates the Hemi Springs prospect south of
Prudhoe Bay and a lease farther to the south that it calls the Franklin Bluffs
prospect. The company must drill a well on its leases within two years of closing
(presumably in early to mid-2015).
Donkel Oil & Gas originally acquired the tracts in a 2011 lease sale. Polar
Petroleum also acquired its initial Alaska North Slope acreage from Donkel Oil &
Gas, earlier this year.
The company is calling the new prospect North Point Thomson.
—ERIC LIDJI
I guess the state of alaska is WRONG??????
Exhibit 10.1
PURCHASE AGREEMENT
THIS AGREEMENT, dated effective as of May 31, 2013, is between DANIEL K. DONKEL (“Donkel”) and SAMUEL H. CADE (“Cade”)(hereinafter collectively referred to as " Sellers " ) and POLAR PETROLEUM (AK) CORP., an Alaska corporation (hereinafter called " Buyer " ).
Recitations
1. State of Alaska Oil and Gas Leases ADL 392123, 392124, 392125, 392126, 392127, 392128, 392129, 392130, 392131, 392132, 392133 and 392134, covering the lands more particularly described on attached Exhibit A (hereinafter called the “ Leases ”), are owned by the Sellers as reflected by the records of the Division of Oil and Gas, Department of Natural Resources of the State of Alaska; and
Exhibit 99.1
Polar Petroleum Corp. to Acquire Prime Alaska Properties Bordering ExxonMobil Project which is Estimated to Hold 25% of the North Slope's Recoverable Natural Gas
Anchorage, Alaska, May 21, 2013 -- Polar Petroleum Corp. (OTCBB: POLR; herein after "Polar Petroleum", "Polar" and/or "the Company") announces the signing of a Letter Of Intent to acquire a 100% Working Interest (WI) in 12 offshore oil and gas leases (approx. 19 , 662 acres in total) in Alaska's prolific North Slope region as of May 20, 2013. The leases are collectively known as the North Point Thomson Project.
Polar Petroleum (AK) Corp., a wholly-owned subsidiary of Polar Petroleum Corp., signed the Letter Of Intent to acquire the properties through a lease purchase agreement that reserved an overriding royalty of 4% for the Sellers of the properties, and royalties for the State of Alaska of 12.5% for 7 of the leases and 16.67% for 5 of the leases.
The properties that Polar will acquire are located ~60 miles east of Prudhoe Bay, North America's largest oil field. The leases lie along the northern border of ExxonMobil's Point Thomson Unit (PTU). The PTU represents an estimated 295 million barrels of oil (MMBO) [1] and 8 trillion cubic feet of natural gas (TCFG), which represents about 25% of the recoverable natural gas on Alaska's North Slope . [2] In February 2013, Russia's Rosneft – the world's largest publicly traded oil company – entered an agreement with ExxonMobil, giving Rosneft the option to buy a 25% interest in ExxonMobil’s holdings in the Point Thomson field.[2] During this year's December-to-May operations window, ExxonMobil began construction of a 22-mile pipeline to transport liquid natural gas condensates from their PTU wells to the Badami Unit, where the liquid fuel will be diverted into a pipeline spur that carries oil to the Trans-Alaska Pipeline System (TAPS).[3]
Additionally, the North Point Thomson Project leases are located 8 miles northeast of the Badami Unit (60+ MMBO), which has produced 5.9 MMBO and 30 billion cubic feet of gas (BCFG) to date . As of May 2012, Badami had production of 1,535 barrels of oil per day (BOPD).[1] The leases are also in close proximity to various oil discoveries: 9 miles southwest of Unocal/Shell's Hammerhead-Sivulliq discovery (100-200+ MMBO); 12 miles west-southwest of the Kuvlum discovery (160-300 MMBO); and 8 miles northwest of the Stinson discovery (150+ MMBO) . [1]
The North Point Thomson Project also sits along an east-west line of exploratory wells that have encountered carbonate-rich, Pre-Mississippian “basement” lithologies. The line starts 8 miles to the east with the Stinson #1, then the Alaska State #A-1, the Alaska State #F-1, the Alaska Island #1, and continues through the Challenge Island #1 on the western end of the North Point Thomson Project before extending westward towards the Liberty Unit area. In particular, the Alaska St. #F-1 Well tested 284 BOPD (35 API) and 4 MMCFGPD in Thomson, and 152 BOPD (35 API) and 3 MMCFGPD in Pre-Mississippian; the Alaska St. #A-1 was the discovery well for Flaxman Island Oil Pool (Canning), and tested 4,220 BWPD in Pre-Mississippian; and less than 4 miles to the southwest of Polar Petroleum's new project, BP's Red Dog #1 Well had 1,275’ of oil and gas shows in Middle Brookian sands.[1]
The Red Dog #1 Well is within the northeast portion of the proposed Telemark Unit, which would lie 2 miles southwest of the North Point Thomson Project. The new Telemark Unit would lie between the Badami and Point Thomson units, and would develop the Tertiary “Flaxman Sands” encountered when Humble Oil (Exxon) drilled the onshore E. Mikkelsen Bay State #1 well in 1971. BP drilled the Red Dog #1 Well in 1999.[1]
Polar Petroleum Corp.'s President and CEO, Daniel Walker, commented: "The proximity of the North Point Thomson Project couldn't be overlooked, from bordering ExxonMobil's Point Thomson Unit, to Rosneft's interest in that project, the Badami Unit to the immediate west, nearby oil discoveries and significant exploration well results. Alaska's energy industry is clearly investing in the development of this area, and we're fortunate to be positioned in the middle of that activity."
Exhibit “A”
Project Descriptions
This document summarizes pertinent information with respect to the various Alaska Oil and Gas Leases owned by Daniel K. Donkel and Samuel H. Cade which they have designated the North Point Thomson Leases:
A. NORTH POINT THOMSON (6 Leases)
Lease Dates
ADL # Tract # Effective Expiration Acres Royalty Rate
392123 85 01/01/13 12/31/22 1,625.06 12.50%
392127 102 01/01/13 12/31/22 1,431.02 12.50%
392128 103 01/01/13 12/31/22 2,047.61 12.50%
392132 113 01/01/13 12/31/22 2,151.93 12.50%
392133 114 01/01/13 12/31/22 2,378.83 12.50%
392134 115 01/01/13 12/31/22 2,556.45 12.50%
Total: 12,190.90
B. NORTH POINT THOMSON (6 Leases)
Lease Dates
ADL # Tract # Effective Expiration Acres Royalty Rate
392124 88 03/01/13 02/28/23 911.60 16.67%
392125 94 03/01/13 02/28/23 1,373.25 12.50%
392126 95 03/01/13 02/28/23 1,313.02 16.67%
392129 104 03/01/13 02/28/23 1,321.26 16.67%
392130 105 03/01/13 02/28/23 1,300.29 16.67%
392131 106 03/01/13 02/28/23 1,252.00 16.67%
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth, as of November 12, 2012, the number and percentage of outstanding shares of our common stock owned by: (a) each of our directors and executive officers; (b) each person who is known by us to be the beneficial owner of more than 5% of our outstanding shares of common stock; and (c) all current directors and executive officers, as a group.
Title of Class
Name and Address of Beneficial Owner
Amount and Nature of Beneficial Owner
Percentage of Class (1)
Common Stock
Daniel Walker
2248 Meridian Boulevard, Suite H
Minden, NV 89423
21,000,000 Shares
Chief Executive Officer, President and Director
51.32%
Common Stock
All Executive Officers and Directors as a group
21,000,000 Shares
51.32%
(1)
Based on 40,915,000 shares of the company’s common stock issued and outstanding as of November 12, 2012.
Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. In accordance with SEC rules, shares of our common stock which may be acquired upon exercise of stock options or warrants which are currently exercisable or which become exercisable within 60 days of the date of the table are deemed beneficially owned by the optionees. To our knowledge, except as indicated in the footnotes to this table and pursuant to applicable community property laws, , where applicable, the persons named in the table have sole voting and investment power with respect to all shares of common stock shown as beneficially owned by them.
Changes in Control. We are not aware of any arrangements which may result in “changes in control” as that term is defined by the provisions of Item 403 of Regulation S-K.
DIRECTORS AND EXECUTIVE OFFICERS
The following table sets forth the name, age and position of our directors and executive officers:
Name
Age
Position
Daniel Walker
29
President, Secretary, Treasurer and Director
Anybody want to explain why there's no dumping under the charts of accum???? Most Garbage greys have a pump and a dump.... Even if third party or company in diluting after the pump it would show it by now....
POLR declared that it knew nothing about the promotional campaign.
they lied.
Heres why they shut down for 10days third party not POLR...Worse yet, a promoter called Ken Williams of Hard Asset Report sent out over-the-top mailers informing prospective investors that the stock’s price could rise as high as $27. The third party that paid for the promo was said to be Commodity United Ltd., an entity not further identified. The “total budget” disclaimed was $2.66 million. In the wake of the suspension, POLR declared that it knew nothing about the promotional campaign.
I wonder why its a hot area up there????BP announces new investment plans after Alaska oil tax change
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Posted: Monday, June 3, 2013 12:08 pm
Associated Press | 13 comments
JUNEAU, Alaska - BP Alaska plans to bring two new drill rigs to the North Slope by 2016, part of an additional $1 billion investment the company envisions over the next five years following the state's rollback of oil production taxes.
BP is the second of the North Slope's three major players, after ConocoPhillips, to announce plans following passage of the tax overhaul that was signed into law by Gov. Sean Parnell last month. Exxon Mobil Corp. hasn't made its intentions public.
Besides the new drill rigs, which BP said will come with a combined 200 jobs, the company said it has the support of the other working-interest owners of Prudhoe Bay, ConocoPhillips and Exxon, to start evaluating an additional $3 billion in projects on the western end of the Prudhoe. Those plans include expansion of processing facilities and existing pads, construction of a new drill pad and drilling more than 110 new wells. For projects at Prudhoe, all three majors need to buy in.
Janet Weiss, president of BP Alaska, said it will take about three years to complete what's known as the appraisal phase, do engineering work and secure regulatory approvals. Weiss said it is possible project economics could change over the next few years. Such a change could result in some projects being stalled or altered. But as of now, she said, the company is moving forward.
Weiss said BP has worked on or explored the planned projects in the past but the oil tax overhaul "helped improve the economics of these opportunities." Weiss called the west end of Prudhoe the newest area of the prolific legacy field.
With regard to the drill rigs, BP's plan would bring to nine the total number of rigs it has on the North Slope. BP said the $1 billion investment over five years includes the addition of the rigs and the actual drilling. The first of the new rigs is planned for 2015 and the second for 2016. It's not clear yet how many new wells will be drilled.
< P>A company spokeswoman, Dawn Patience, said BP also plans to do more well work, beginning as early as this fall, aimed at making production from wells at Prudhoe and Milne Point more efficient.
Weiss said it's too early to say how much new production might result from the overall plan.
Parnell championed a tax cut as a way to increase oil production and industry investment. Production has been on a downward trend since the late 1980s, but higher prices in recent years have helped mask the impact of the decline on the state budget. Alaska relies heavily on oil revenues for its state spending.
Critics who say they also want more production fear the tax cut will blow a hole in the state budget. The proposal could cost the state up to $4.6 billion through fiscal year 2019, an estimate based on a continued net decline in production and oil prices of between $109 and $118 a barrel. The total negative fiscal impact next year alone, reflecting the impact on state revenues and the operating budget, could be up to $720 million.
There's an effort under way to let voters decide whether to keep or repeal the tax change
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As an independent American oil and gas company, Polar Petroleum (TICKER SYMBOL: POLR) is focused on securing domestic energy solutions through the exploration, development and production of oil and natural gas in Alaska's proven North Slope region.
By strategically acquiring assets in close proximity to prolific production and established infrastructure, the Company can build shareholder value while successfully advancing its low-risk projects.
The high impact nature of Polar's projects is further enhanced through the Company's experienced management team and consulting specialists. Together, their expertise in geological assessment, project development and executive strategy provides the direction and drive needed for a startup to explore the nation's last energy frontier.
The goal – securing America's energy for Americans – has never been more significant. Armed with today's technologies and industry know-how, it has also never been more possible.
To meet the challenges of exploration, development and production of oil and gas on Alaska's North Slope, Polar Petroleum continues to build a management team and advisory team tailored to maximizing its assets and unique industry opportunities.
Daniel Walker has over seven years of business management experience, including background in the oil and gas industry and management roles encompassing operations, business systems and logistics management.
Most recently, Daniel worked for Terrex Seismic, a seismic data collection company based in Brisbane, Australia. During his time at Terrex, he provided management support for a number of projects across Australia while working in conjunction with oil and gas companies such as Beach Energy and Santos.
Prior to Terrex, Daniel served as the General Manager for E. F. M. Pty Ltd., an agricultural production company based in Cairns, Australia. He managed the company's day-to-day operations and marketing; enforced Quality Assurance; and developed, implemented and maintained organizational systems, procedures and documentation according to regulatory requirements while ensuring compliance with external auditing bodies.
Earlier in his career, Daniel was the Managing Director of DBI Freight Ltd., a mining logistics company based in North Yorkshire, England, with clients such as Halliburton (NYSE:HAL | Market Cap: $40.39B), Schlumberger (NYSE:SLB | $99.72B), Baker Hughes (NYSE:BHI | $20.70B) and specialist contractor PR Marriott Drilling (PRMD). He still retains a working interest in the logistics sector and is currently working alongside PRMD on the York Potash Project.
Daniel holds a B.Sc. degree in Chemistry.
Donald Brizzolara represents 34 years of experience in oil and gas exploration and development geology (Prudhoe and Kuparuk fields), and experience as a successful prospect generator resulting in oil discoveries (Kuvlum, Midnight Sun/Sambuca) in the North Slope of Alaska.
In his consulting geologist work since 2005, Donald has drawn on his understanding of Alaskan petroleum geology including the North Slope, interior basins, Cook Inlet, Alaska Peninsula and offshore federal waters. His consulting work has been diverse and ranges from wellsite geologist to conducting regional geologic evaluations for firms such as ConocoPhillips (NYSE:COP | $76.82B), Shell (NYSE:RDS.A | $214.03B), Pioneer, and Linc Energy.
Earlier in his career, Donald was employed by ARCO Alaska, Inc as an exploration and development geologist, specializing on the North Slope but also working most of Alaska's diverse petroleum provinces. During that 20-year period, he added value to ARCO's operations in CPF-3 Kuparuk River Field, Lisburne Field and the Endicott Field.
He later worked for the Alaska Division of Natural Resources (DNR), Division of Oil and Gas (DOG) as a senior petroleum geologist. His responsibilities included regional evaluations of oil and gas potential for the North Slope foothills province as a well as the Alaska Peninsula.
Donald received a B.S. degree in geology from California State University, Hayward (1975) and an M.S. degree in geology from the University of California, Davis (1979).
David Gross represents a 30-year career as a geologist and a current focus on the North Slope of Alaska doing geologic analyses and petroleum prospect evaluations, most recently in the Hemi Springs-South Prudhoe area.
David began his career at Chevron, USA, working on development geology and exploring Louisiana's outer continental shelf and slope. During this time, he mapped and evaluated 2 newly opened deep-water areas, resulting in Chevron being among the first companies to acquire deep water leasehold positions that later were sites of Lower Tertiary oil discoveries (Perdido Fold Belt).
In 1990, David was assigned to the Cook Inlet of Alaska as its Exploration Area Geologist. After evaluating and thinning Chevron's existing leasehold, he developed and had drilled an exploration prospect on the Kustatan Peninsula.
After he left Chevron in 1992, David became a consulting geologist. In the Cook Inlet, he played a key role in the development of the Sterling Gas Field; the sale of the leasehold over the future Redoubt Shoal Field; the development of the Catcher's Mitt prospect; the acquisition of PERL leasehold ORR royalties in 2009; and the sale of the entire Donkel/Cade Cook Inlet leasehold to Apache in 2010.
David received his degrees from the University of Iowa where he specialized in carbonate geology: B.S. 1980 (Major: Geology) and M.S. 1982 (Geology with Thesis).
Adrian Pilcher represents over 35 years of international experience in the oil and gas industry, including various positions with such industry leaders as Shell (NYSE:RDS.A | Market Cap: $214.03B), BP (NYSE:BP | $138.25B) and ConocoPhillips (NYSE:COP | $76.82B).
Adrian is currently an Oil and Gas Consultant, drawing on his wealth of skill and experience of land based drilling. His background includes work with horizontal wells, under-balance drilling, coring samples, geothermal and workovers, all of which have been undertaken on rigs ranging from 5000' mechanical to 30,000' diesel electric.
Beginning his career as a roughneck and derrickman, Adrian worked up to the positions of driller, senior driller, toolpusher, and, eventually, drilling supervisor and rig superintendent. In his current consulting work, he relies on the knowledge gained from those former experiences while developing drilling programs that encompass all those roles as well as executive considerations.
His experience ranges across multiple countries including England, France, Portugal, Spain and El Salvador, and across multiple energy sources including oil and gas, coal, coal bed methane, geothermal and nuclear.
Steven Costa represents professional experience in diesel fitting, manufacturing and engineering sectors in the areas of technical and business operations, as well as in administrative procedures. His vast experience in the mechanical and engineering sectors, particularly with seismic vibrators, will be of substantial benefit to Polar Petroleum.
Steven began his career working for Scania Australia where he built an extensive knowledge of heavy and light vehicles over a period of 10 years. He then leveraged this knowledge to embark on a career in the mining and exploration sector within Australia.
Steven worked as a mechanic and engineer for Australia's leading exploration contractor to the resources sector, Terrex Seismic. While with Terrex, he worked on many projects including for Santos and Beach Petroleum looking for oil and gas; for QGC looking for coal seam gas; and on other mineral projects targeting zinc, gold, coal and geothermal.
Steven's vast industry knowledge led to him maintaining and repairing all the vehicles used in the process of exploration, including the Komatsu D65 dozers, the graders, and, most important, the vibrators.
Since leaving Terrex in 2012, Steven now works for BHP Billiton (NYSE:BHP | Market Cap: $179.64B) on their Groote Eylandt project looking to mine Manganese in the Australian Northern Territory.
Peter Brown represents experience with both Private and Public sector clients, taking projects from briefing stage through to design and practical completion to successfully increase the value of the specific built asset.
His current work includes serving as Project Surveyor for market leading Global Built Asset Consultancy EC Harris LLP (ECH). Among ECH's activities are providing project control services for FTCO Group in Saudi Arabia; consulting with major Oil & Gas clients including Shell (NYSE:RDS.A | Market Cap: $214.03B), ExxonMobil (NYSE:XOM | $409.38B), BP (NYSE:BP | $138.25B) and Saudi Aramco; and providing Shell with program controls, contract advisory and real estate project management services across 26 countries through a Global Enterprise Framework Agreement (EFA).
During his time with ECH, Peter's role has involved projects ranging in size and value while requiring vital technical and analytical skills necessary to ensure the maximum return from an asset across its lifecycle: project cost analysis, financial reporting, contract procurement, contract administration, defect diagnosis, lease interpretation, and statutory regulation interpretation and compliance.
Peter holds a B.Sc. (Hons) and is currently seeking accreditation from the Royal Institute of Charted Surveyors with a view to sitting the Assessment of Professional Competence in the near future.
David Walker has been involved in the haulage logistics sector for over 35 years. During that time he has gained extensive experience in international and worldwide logistics, and valuable contacts within both the general industry and the Oil and Gas industry in particular.
Currently, David is primarily involved within the oil and gas industry. He draws on his vast knowledge of the logistics sector and his substantial industry network as the logistics coordinator for numerous oil and gas companies, such as Viking Gas, Sirius Minerals and Moorland Energy.
Through his regular dealings in the industry, David has fostered important contacts with leading companies, including Halliburton (NYSE:HAL | Market Cap: $40.39B), Schlumberger (NYSE:SLB | $99.72B), Baker Hughes (NYSE:BHI | $20.70B), Target Directional Drilling and M-I Swaco to name a few.
David's oil and gas industry involvement also includes acting as site supervisor for Moorland Energy.
In 1976, David started his first limited company. After working with many large companies, including Jersey Produce, News International and publisher DH Greaves, he expanded into European markets and started transporting various goods to multiple countries including Spain, France, Italy, Germany, Belgium, Switzerland and the UK.
David also worked directly with Kingspan Group PLC, which supplies building materials to a worldwide market across al
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