Polar Petroleum appoints President and CEO


Polar Petroleum appoints President and CEO

ANCHORAGE, Alaska -- Polar Petroleum Corp announced the appointment of Mr. Daniel Robert Walker as the Company's President and CEO to meet the challenges of exploration, development and production of oil and gas on Alaska's North Slope. To better reflect the change in the company's business plan to oil and gas exploration, development and production, the Company also officially changed its name to Polar Petroleum Corp.

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, Mr. Walker 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, Mr. Walker served as the General Manager for E. F. M., an agricultural production company based in Cairns, Australia. Mr. Walker 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, Mr. Walker was the Managing Director of DBI Freight Ltd., a mining logistics company, with clients such as oilfield service giants Halliburton, Schlumberger and Baker Hughes, as well as specialist contractor PR Marriott Drilling (PRMD). Mr. Walker still retains a working interest in the logistics sector and is currently working alongside PRMD on their Potash Project.

Mr. Walker was awarded a B.Sc. degree in Chemistry, and is not an officer or director of any other reporting company.

Mr. Walker will continue to build Polar Petroleum's management team with the aim of maximizing the Company's assets and unique industry opportunities. At the same time, the Company also plans to outsource independent consultant engineers and geologists on a part time basis to conduct specific corporate business and exploration programs on its properties in order to carry out its plan of operations.

Polar Petroleum's President & CEO, Daniel Walker, commented: "I consider it a great opportunity to lead an American energy exploration company in one of the nation's prime oil and gas production areas.
While this appointment is a new opportunity for myself personally, there are also many new exploration possibilities emerging right now in close proximity to our properties. It is a very exciting time for both myself and the company and I look forward to leading Polar forward in our operations in Alaska's prolific North Slope region."


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