The hottest summer on record turns downright chilly when some unexplainable crop circles appear in a local field, and representatives from a mysterious foreign oil company turn up hoping to buy the local grain elevator in this comedy starring Tom Green and Crispin Glover. As night falls over Laxdale, a series of strange events culminate in the discovery of some elaborate crop circles on a local farm. Before the locals have a chance to try and make sense of all the strangeness, Petrocon General Manager Veirgacht (Glover) appears in town and announces plans to purchase the local grain elevator. This plan doesn't sit well with former NHL player Bill Swanson (Green), because should Veirgacht succeed in convincing the locals to let Petrocon start searching for oil, Bill will be out of work. Later, Bill finds his old minor league hockey coach Arnie locked in his house and dying from hypothermia. Arnie claims that the only thing protecting him from some mysterious invaders is the cold, but promptly freezes to death before giving Bill any concrete information about who "they" are or why "they've" come to Laxdale. Now convinced of foul play, Bill enlists the aid of local barmaid Gina Larson in getting to the bottom of this extraterrestrial mystery. When local gear-heads Randy and Dwayne spontaneously combust during a joyride down a country road, the time finally comes to uncover Veirgacht's true intentions. Upon discovering that Petrocon is actually an "off world" time-share company intent on transforming the Earth into a lavish resort for extraterrestrials, Bill and Gina team up to find the aliens' Achilles heel and save the entire human race from being enslaved as cabana boys and chambermaids.