What Potential Polar Petroleum Corp (OTCBB:POLR) Foresees in Alaska?

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Las Vegas, NV -- (SBWIRE) -- 05/29/2013 -- Polar Petroleum Corp (OTCBB:POLR) states that an oil tax change legislature is passed in Alaska. The legislature, Senate Bill 21 will facilitate greater investment in energy industry of Alaska and production increment.

Polar Petroleum Corp reports that the Governor Parnell said while passing SB 21 that the effort is made to let the world know Alaska is once again ready to provide energy.

The company finds it favourable since new tax laws attract new investments and production. At present, investment per year in Alaska is $2 billion approximately.

Polar Petroleum Corp. explores produces and develops oil and natural gas in U.S. The Company has interests in 17 drilling locations exploring for oil and gas in the North Slope region of the State of Alaska comprising 46,399 acres.

To find out what OTCMAGIC projects for Polar Petroleum Corp. for both short term and long term please click here: POLR

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