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Article: Native Alaskan Oil Contractors' Fortunes Vary.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 15, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Nancy Pounds, Alaska Journal of Commerce, Anchorage Knight Ridder/Tribune Business News
Oct. 15--Two Alaska Native corporations involved in the oil drilling industry face different outlooks for the upcoming winter season.
A pair of drill rig operators focus on employing Alaska Native regional corporation shareholders. But those employment numbers change with the swings in the oil industry.
Nordic Well Servicing Inc. recently scaled back operations. The company has a joint venture with Calista Corp., the Yukon-Kuskokwim Delta's Alaska Native regional corporation.
Phil Snisarenko, operations manager, is doubtful about future ...