1) Four scientists - George, Richard, Edwin, and Ernest - travel to Antarctica in 1908 to conduct research.
2) They discover the decomposed remains of another scientist, Phillip Wallace, who had become obsessed with tales of mysterious creatures in the region.
3) Strange events begin occurring and Ernest starts acting strangely. He eventually reveals that he has been possessed by the creatures to lure the others into a trap. One by one, each member of the group is killed by the creatures.