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Column: Alaska Native corporations take
Monday, November 24, 2008
Filed Under: Business

"Alaska Native corporations, our large private landowners, frequently take the lead in natural resource and economic development. We see these corporations hustling for minerals and oil exploration on their land and sometimes land owned by others. We see them taking the leading innovative development projects too.

Most recently, Doyen, Ltd., the Interior regional corporation, and two other Alaska firms -- Arctic Slope Regional Corp., another Native corporation, and Fairbanks-based Usibelli Energy -- engineered a deal with a Denver independent petroleum company to drill an exploration well in the Nenana Basin west of Fairbanks. The venture includes land owned by Doyon as well as the state and the University of Alaska, which would also benefit if the well planned for next summer strikes gas.

Another example of entrepreneurship but also with some long-term thinking and regional planning is an effort by Tyonek Native Corp., owned by shareholders from a small village on Cook Inlet's west side, to facilitate some big development projects that are planned nearby.

Tyonek's goal is not only to position itself to be involved in these projects, most likely in support services, but also to shape the development to reduce any harm to local wildlife habitat as well as the traditional Tyonek community. What's refreshing about this is that we see the people who live closest to these projects saying "yes" to them, as long as they are done right."

Get the Story:
Tim Bradner: Some Native corporations planning for future (The Anchorage Daily News 11/23)

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