The Union of Arctica is a corporatocratic country primarily situated within the Arctic circle, bordering to the north of neighboring countries Canada, Denmark (by Greenland) and the United States through Alaska. Largely receiving its governmental budget from massive oil corporations such as XERon, Union Oil Co., Hudson Bay Oil Company, and Octoanon, the country mostly produces large quantities of oil and natural gas, which is then exported to nearby countries. The nation is composed of many drilling fields each designed by their own territorial status, know as prefectures. Its largest community and capital is Hay River, and the country's total population is 181,346.