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Last $0.0030 USD
Change Today +0.002 / 200.00%
Volume 600.0
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

polar petroleum corp (POLR) Snapshot

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52 Week High
09/2/14 - $0.05
52 Week Low
12/23/14 - $0.0001
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Current Stock Chart for POLAR PETROLEUM CORP (POLR)

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polar petroleum corp (POLR) Details

Polar Petroleum Corp., an exploration stage company, focuses on the exploration, development, and production of oil and natural gas in the United States. It owns interests in 29 oil and gas land leases covering approximately 66,061 acres located in the North Slope region of the State of Alaska. The company was formerly known as Post Data, Inc. and changed its name to Polar Petroleum Corp. in November 2012. Polar Petroleum Corp. was founded in 2011 and is based in Anchorage, Alaska.

1 Employees
Last Reported Date: 08/15/13
Founded in 2011

polar petroleum corp (POLR) Top Compensated Officers

Chief Executive Officer, President, Principal...
Total Annual Compensation: $20.0K
Compensation as of Fiscal Year 2013.

polar petroleum corp (POLR) Key Developments

Polar Petroleum Corp. Enters Agreement with ConocoPhillips to License Seismic Data from 32 North Slope Alaska Surveys

Polar Petroleum Corp. entered into a charter agreement seismic data use license on August 28, 2013 with ConocoPhillips Company and ConocoPhillips Alaska Inc. to purchase a license for the use of 2D geophysical data related to Alaska's North Slope region. The agreement represents a total of 7120.16 miles of seismic data across 495 lines from a total of 32 surveys. Counted among the surveys are 1968-69 Prudhoe Bay; 1970 North Prudhoe Detail/ARCO; 1971 Shell Shallow Water Grp and 1972 North Slope/Mobil. The license agreement outlines terms whereby Polar Petroleum may make the seismic data available to consultants for the purpose of preparing interpretations and the like for Polar's exclusive internal use. The license agreement also outlines terms whereby Polar Petroleum may show the seismic data to prospective investors, lenders, and participants in farmouts, development proposals, and prospective participants in joint acquisitions of acreage for the sole purpose of evaluating their participation in such ventures.


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