Polar Star Canadian Oil and Gas, Inc

Polar Star has assets and production across Western Canada. Core operating areas are in the Peace River Arch of Alberta, and at Conroy, British Columbia. Polar Star is an indirectly wholly owned subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"). College Retirement Equities Fund ("CREF") is a companion organization to TIAA and a SEC registered Investment Company.

Together, TIAA-CREF is a US national financial services organization with more than USD 844 billion (as of 01/08/2014) in combined assets under management. TIAA-CREF is the leading provider of retirement services in the academic, research, medical and cultural fields with approximately 4 million retirement participants contributing to over 27,000 retirement plans and working at over 15,000 institutions. The company is headquartered in New York City with major offices in Denver, Colorado and Charlotte, North Carolina and over 70 local offices around the USA. The TIAA-CREF group of companies includes both an SEC registered investment advisor, Teachers Advisors, Inc., and a New York State registered insurance company, TIAA, which is one of only three insurance groups in the United States to hold the highest ratings currently awarded from all four leading independent insurance industry ratings agencies*. In addition to a wide range of retirement savings products, the organization offers life insurance, mutual funds, education savings accounts, trust services and annuities. TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., members FINRA distribute securities products. Insurance and annuity products issued by TIAA (Teachers Insurance and Annuity Association), New York, NY and TIAA-CREF Life Insurance Co., New York, NY. © 2013 Teachers Insurance and Annuity Association- College Retirement Equities Fund (TIAA-CREF), New York, NY 10017. C51383