ASRC Executive Testifies in Support of Responsible ANWR Exploration and Development

ASRC Executive Vice President of Lands & Natural Resources Richard Glenn testified this morning in front of the U.S. Senate Committee on Energy and Natural Resources, during a hearing set to gauge the potential for oil and gas exploration in the 1002 area of the Arctic National Wildlife Refuge. The committee is chaired by Senator Lisa Murkowski. Others who testified in the hearing included Alaska Governor Bill Walker, Lt. Governor Byron Mallott and Mathew Rexford, president of Kaktovik Iñupiat Corporation.
"On the North Slope, we believe that exploration and production can be conducted safely," Richard said during his testimony in Washington. "The reality is that the survival of our region and the development of our communities today depend on continued exploration and production. Without this economic driver, our communities will need access to greater government subsidies and programs in order to be sustained."
The hearing follows a budget resolution, passed last month by the House and Senate, instructing lawmakers to create legislation to raise $1 billion over the next 10 years by opening the coastal plain of the refuge to drilling.
A recent statewide survey found that 63 percent of Alaskans support the opening of the 1002 area to oil and gas exploration and development. The same survey found 71 percent of Alaskans believe drilling for oil in ANWR can be done without harm.
Mr. Glenn’s written testimony is attached. A webcast of the full Congressional hearing is available at the following link:

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.

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