ASRC Welcomes Secretarial Order to Reassess North Slope Oil and Natural Gas Potential

ASRC PRESS RELEASE 6/1/2017
 

Interior Secretary Ryan Zinke makes announcement during scheduled stop in Alaska


Arctic Slope Regional Corporation is reacting to an order issued earlier today from U.S. Secretary of the Interior Ryan Zinke, calling for updated assessments of recoverable oil and gas reserves on federal lands across Alaska’s North Slope – including the National Petroleum Reserve-Alaska (NPR-A) and the 1002 Area of the Arctic National Wildlife Refuge, or ANWR. According to the Secretarial Order, schedules for the revised plans must be complete by late June.

“I applaud the move by this administration in allowing more local input when it comes to the safe and responsible management of our lands,” said Rex A. Rock Sr., president and CEO of ASRC.

“This order sends a clear message that Alaska is poised and ready to contribute to the nation’s energy dominance. Secretary Zinke’s order is a very positive step when it comes to the future economy of the North Slope as well as the energy security of the nation.”

Secretary Zinke made the announcement during a keynote address at today’s Alaska Oil and Gas Association conference in downtown Anchorage.

You can read Secretarial Order No. 3352 here​.

About ASRC

Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation’s shareholder base has nearly tripled, growing from the 3,700 original enrollees to around 13,000 today. Corporate headquarters are based in Utqiaġvik (Barrow), Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 12,000 people worldwide. The company has six major business segments: petroleum refining and marketing, energy support services, industrial services, construction, government services and resource development.

PO BOX 129 BARROW AK 99723 (907) 852-8633