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. Mr. 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. 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. 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.