Oil Patch Bits: ASRC leads Chambers of Commerce top 49ers list

Arctic Slope Regional Corp. said it is proud to once again be recognized by the Alaska State Chamber of Commerce, Alaska Business Monthly and other business leaders as the top Alaska-owned and operated company. This is the 16th consecutive year that ASRC has been No. 1 on the “Top 49ers” list, based on the prior year’s gross revenue.

“Our continued financial stability is a direct result of our diversity, and the dedication of ASRC’s employees,” said Rex Allen Rock Sr., president and CEO of Arctic Slope Regional Corp. “I’m most proud that these revenue numbers allow us to better the lives of our approximately 11,000 shareholders, both directly in terms of dividends, but also indirectly — in the way of investments in community projects and educational opportunities. I congratulate the many other successful businesses on the list as well.”

In 2009, ASRC’s revenues came in at $1.95 billion; its principal activities include energy services, petroleum refining and marketing, engineering and construction, government services, resources development, commercial lending and tourism.