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Home > Company Index > Energy > Oil & Gas Services > Arctic Slope Regional Corporation

Arctic Slope Regional Corporation
 NEWS FROM THE STANDARD
Wireless in Alaska
Mar 12 2001 12:00 AM PST

 PROFILE
The Inupiat people have survived the Arctic for centuries, and now they're surviving in the business world. The Inupiat-owned Arctic Slope Regional Corporation (ASRC) was set up to manage 5 million acres on Alaska's North Slope after the Alaska Native Claims Settlement Act in 1971 cleared the way for oil development in the area. ASRC gets about two-thirds of sales from its energy services subsidiaries (Natchiq) and its petroleum refining and marketing units (Petro Star). Other operations include construction, engineering, technical services, and manufacturing. With other native corporations ASRC has formed Alaska Native Wireless, which in partnership with AT&T Wireless has won more than 40 mobile licenses in the US.

 COMPETITION
Alaska Communications Systems Group, Inc. (ALSK)
Baker Hughes Incorporated (BHI)
Tesoro Petroleum Corporation (TSO)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 857.00
Employees: 5,313
Revenue per employee: $161,302.47

 KEY PEOPLE
• Jacob Adams
    CEO
• Frank Zirnkilton
    CFO

 CONTACT INFO
301 Arctic Slope Ave., Ste. 300
Anchorage, AK 99518
US
Phone: 907-852-8633
Fax: 907-852-5733
Online: Web Site

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