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Uqalugaawich W H E R E







ASRC executives and North Slope community members meet with President Trump, Vice President Pence and Senator Lisa Murkowski in the Oval Office after Congress passed the Tax Cuts and Jobs Act, which included language to open the 1002 Area of ANWR to resource development.

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Contents T A B L E


1 ASRC reaches significant dividend distributions milestone . .................................... 3 ASRC applauds passage of GOP tax reform bill ....................................................... 4 ASRC mourns passing of William “Bill” Van Ness .................................................... 5 ASRC pleased with stable Pacific walrus populations in Northern Arctic ................. 6 Congratulations to Quintillion on fiber optic cable system ....................................... 8 Concerns about high-speed internet service on Alaska’s North Slope ..................... 9 Shareholder Spotlight: Veronica Jones . ................................................................ 10 Ohenebah Amponsah awarded Sydney B. Williams Scholarship . ........................... 12 Saluting their service . .......................................................................................... 14 Petro Star adds Edward Itta to the fleet ............................................................... 16 President’s message ...............................................................................................


President’s message As we say goodbye to a very busy as well as productive 2017, at ASRC we welcome the New Year with open arms – ready to embrace new challenges while keeping our focus on a wellestablished plan and an eye toward future opportunities. With an improving Alaska economy and a more business-friendly administration in Washington, I have every reason to believe 2018 will turn out to be another year to remember. In the final days leading up to Christmas, we watched as landmark legislation to open a small portion of the Arctic National Wildlife Refuge’s (ANWR) coastal plain to responsible oil and gas development made its way through Congress and onto President Trump’s desk. Long-term, opening the 1002 Area means much-needed jobs for our North Slope communities and the rest of the state. I would like to thank ASRC’s Government Affairs team as well as Alaska’s Congressional Delegation: Senator Murkowski; Senator Sullivan; and Congressmen Young, for all of their hard work behind the scenes to make this bill signing a reality. Though the hard work is far from over, we have been pushing for similar legislation for nearly 40 years and this is certainly a time for celebration. You can read more about the historic opening of ANWR to oil and gas development a bit later in this newsletter.

“ Looking ahead, our future plans for growth in order to bring continued meaningful dividends to our owners are aggressive and will require additional focus.”

We reached another monumental milestone this past fall, with the Corporation surpassing the $1 billion mark distributed to our shareholders through dividends since ASRC’s beginnings in 1972. As I said shortly after our November dividend disbursements, this level of success is no accident, and can be credited to the long-term vision of our board of directors as well as our team of dedicated and hard-working employees. Looking ahead, our future plans for growth in order to bring continued meaningful dividends to our owners are aggressive and

continued on page 2 FOURTH QUARTER, 2017




will require additional focus. I know we are up for the challenge, and look forward to sharing the Corporation’s new 5-year strategic plan in future communications. 2017 will also be remembered as the year high-speed internet finally made its way to Alaska’s North Slope. In early December, Quintillion went live with its broadband service in the communities of Utqiaġvik, Wainwright, Prudhoe Bay, Nome, Kotzebue and my hometown of Tikigaq, or Point Hope. ASRC made a significant investment in Quintillion two years ago, and we’d like to congratulate the Anchorage-based company on its success in installing a 1,400-mile subsea and terrestrial fiber-optic cable system - making broadband internet available to the far north for the first time. As the winter darkness begins to weaken its grip across the North Slope, we look ahead to 2018 with optimism and anticipation. I would like to thank our shareholder-owners for sharing our Iñupiaq values and our vision, and for their continued involvement with the Corporation. I’d also like to thank our extended family of employees for the dedication and drive that has helped to make ASRC a leader in business and a well-respected corporate citizen. I join the rest of the board as well as executive management in saying Happy Holidays and wishing you the very best in the New Year. Taikuu and God Bless.

Rex A. Rock Sr. President, CEO



ASRC reaches significant dividend distributions milestone Following November’s scheduled disbursement to ASRC shareholders, ASRC has now distributed more than $1 billion dollars in dividend payouts to its owners since the formation of the company in the summer of 1972, becoming the first Alaska Native corporation to reach such a milestone. “For ASRC to maintain this level of consistency throughout its 45 year history is a real testament to our team of hardworking, dedicated workers as well as the vision of the Corporation’s early leadership and more importantly, the consistent leadership the board of directors demonstrates,” said Crawford Patkotak, ASRC board chairman. “It’s very rewarding to know our people and our region have benefited significantly from these efforts.” “This level of success is no accident; it has been by design,” added Rex A. Rock Sr.,

ASRC president and CEO. “This satisfies one of the goals of our 2012-2017 Strategic Plan, which called for a $55 per share dividend by the end of the plan’s cycle. Even through periods of unpredictability in the local and national economies we have managed to grow by using Iñupiaq values as our guide, and I look forward to the next 45 years.”

“ This level of success is no accident; it has been by design... we have managed to grow by using Iñupiaq values as our guide.” The 2017 dividend distribution for ASRC shareholders was $55 per share. The typical ASRC shareholder owns 100 shares of ASRC stock and received $5,500.





ASRC applauds passage of GOP tax reform bill Landmark legislation includes provision to open the Coastal Plain of ANWR to responsible oil and gas development ASRC is pleased with the recent passage of H.R. 1, the Tax Cuts and Jobs Act, which includes language to open the non-wilderness section of ANWR’s Coastal Plain to natural resource development. ASRC, the State of Alaska, Alaska’s Congressional Delegation and other supporters have been pushing to open the Alaska 1002 Area for nearly 40 years.

“ Unlocking the energy potential of a small portion of ANWR’s Coastal Plain means economic growth for Kaktovik” “This is a very important milestone for ASRC as well as our region,” said Rex A. Rock Sr., ASRC president and CEO. “Unlocking the energy potential of a small portion of ANWR’s Coastal Plain means economic growth for Kaktovik, an economic revitalization for our North Slope communities as well as the rest of the state. A safe and robust oil and gas industry has allowed for dramatic improvements to the quality of life in our villages – from community schools, to road construction, to more dependable power.” Crawford Patkotak, ASRC board chairman, added, “This has been a long battle, and we’d like to thank Senator Lisa Murkowski, Senator Dan Sullivan, Congressman Don Young and their amazing staff for the tremendous effort

Former ASRC board chairman Oliver Leavitt shakes hands with President Trump in the Oval Office.

and diligence in finally getting this bill to the president’s desk. Like the majority of Alaskans, I look forward to seeing the energy potential of the 1002 Area realized.” According to the U.S. Geological Survey, the non-wilderness area of ANWR’s Coastal Plain is believed to hold a mean estimate of 10.4 billion barrels of recoverable oil. This area was specifically set aside by Congress as a study area because of its potential to hold significant amounts of recoverable oil and gas.

Look for additional updates on ANWR in future ASRC communications.



ASRC mourns passing of William “Bill” Van Ness Attorney was instrumental player in structuring landmark settlement of Alaska Native land claims ASRC is remembering Bill Van Ness as a supporter of the Alaska Native community and lifelong advocate for the rights of the state’s indigenous people. Van Ness passed away in late November at his home in Port Townsend, Washington at the age of 79. “Bill leaves behind quite a legacy,” said Rex A. Rock Sr., ASRC president and CEO. “Through his work, he created legislation that set up Alaska Native corporations like ASRC – which have delivered a wide range of benefits, from jobs and training to dividends, to literally tens of thousands of shareholders. These corporations have also turned out to be solid economic drivers for the state of Alaska.” “With Bill and his legal team, through the years we learned to trust one another,” recalled Oliver Leavitt, current ASRC board member and former chairman. “It’s hard to overstate just how big of a role he played in the settlement of the Alaska Native land claims. He’ll be missed.” Van Ness served as the chief counsel to the Interior and Insular Affairs Committee under

Sen. Henry “Scoop” Jackson, and at the direction of the senator, helped organize a study to look into the Alaska Native population in the mid-60s. The findings, the first of their kind, were published in a comprehensive report called “Alaska Natives and the Land,” which was distributed to congressional members and their staff. That report eventually became the basis of the Alaska Native Claims Settlement Act, or ANCSA, which Van Ness drafted, Sen. Jackson introduced and President Nixon signed into law in December of 1971.

“ It’s hard to overstate just how big of a role he played in the settlement of the Alaska Native land claims.” Van Ness also took a lead role in drafting other landmark pieces of legislation, including the National Environmental Policy Act, or NEPA, and the Trans-Alaska Pipeline Authorization Act.





ASRC pleased with stable Pacific walrus populations in Northern Arctic In early October, Arctic Slope Regional Corporation reacted to an announcement from the U.S. Fish & Wildlife Service (USFWS), confirming the Pacific walrus does not need protection as threatened or endangered under the Endangered Species Act. The Pacific walrus has been a candidate for such a listing for nine years, following a petition which was filed in 2008. “I’m encouraged to see the U.S. Fish & Wildlife Service finally come to this decision,” said Rex A. Rock Sr., ASRC president and CEO.


“It confirms that the Pacific walrus population remains stable, even with the Arctic’s changing conditions.”   According to the USFWS, close to 300,000 Pacific walruses can be found throughout the continental shelf waters of the Bering and Chukchi seas and occasionally in the East Siberian and Beaufort seas. The Pacific walrus will continue to be protected in the U.S. under the Marine Mammal Protection Act.


Quyanaqpak! Arctic Slope Regional Corporation thanks Senator Lisa Murkowski, Senator Dan Sullivan and Congressman Don Young for fighting to open a small portion of ANWR to responsible oil and gas exploration. ANWR legislation has been decades in the making, and success was made possible through their hard work, perseverance and dedication to putting Alaskans first. We also thank our previous Alaska delegates – going back decades – for their efforts that paved the way

for this historic opportunity. And we thank our Iñupiat leaders – past and present – who fought tirelessly to ensure development decisions in the Arctic are informed by those who live there. ASRC looks forward to working with our Alaska delegation in Washington D.C., the Department of Interior, and other federal, state and local agencies to make responsible development in ANWR a reality. Quyanaqpak!





Congratulations to Quintillion on completion of subsea fiber optic cable system Quintillion has announced that testing is complete and its subsea fiber optic cable system was launched in five northern Alaska communities on December 1, 2017. Quintillion is a bandwidth services provider, enabling high speed broadband capability to consumers and businesses in several North Slope communities. Crews completed installation of the Alaska Arctic portion of the international Quintillion subsea cable system in early October of 2017. The system performed flawlessly during test mode and is now available to service providers in Utqiaġvik, Wainwright, Point Hope, Nome and Kotzebue, enabling 21st century communications in the Alaska Arctic for the first time. In 2015, ASRC made a significant investment in Quintillion Holdings, LLC and holds a minority interest in the Anchorage-based telecommunications company. “This is a major milestone for our region,” said Rex A. Rock Sr., ASRC president and CEO. “As we said at the time we made our original investment, broadband on the North Slope allows our communities to live up to their potential. We’ve been looking forward


to the system coming on-line and want to thank Quintillion for its hard work in making this happen.” The 1,400-mile network includes a subsea line from Prudhoe Bay to Nome, with branching lines to Utqiaġvik, Wainwright, Point Hope, and Kotzebue delivering gigabit and higher bandwidth services. While a majority of the installation happened in the summer of 2016, crews were back at work this past summer installing the last bit of cable and strengthening the system. The Quintillion system will provide access to high speed broadband capacity for telecommunication service providers at far lower cost and improved quality of service than existing satellite and microwave options. Introduction of high-speed internet to Quintillion’s markets will enable improved health and education services, help spur economic development, empower local businesses, and allow consumers access to video and other high-speed applications that were previously unavailable or unaffordable for many potential Quintillion end-user customers.


Addressing concerns about high-speed internet service on Alaska’s North Slope In early December of 2017, Quintillion successfully launched its fiber-optic cable system in the communities of Utqiaġvik, Wainwright and Point Hope, as well as the Northwestern Arctic communities of Nome and Kotzebue. For the first time, consumers and businesses in these areas are able to utilize broadband internet, enabling 21st century communications. In 2015, Arctic Slope Regional Corporation made an investment in Quintillion Holdings, LLC, and while we are not an internet service provider, we are pleased to have played a role in making the infrastructure available for companies to provide the service to residents in our region. We’d like to answer some of the questions being raised about this new, exciting service. Is high-speed internet available in Utqiaġvik? As of early January of 2018, the local service provider is working to bury fiber-optic cable as well as perform residential upgrades to wiring that will eventually provide faster internet

speeds in the community. This work was anticipated and is ongoing. Are these upgrades needed in other communities? The wiring and connections in Point Hope and Wainwright were found to be functioning normally and reliably and did not need upgrades. Fiber-optic cable was able to be run to local homes and businesses. Does the fiber-optic cable system allow for less expensive internet service? Before fiber, local residents were paying close to $150 for 1MG of service and could only buy 1MG increments because that’s all the system could support. With the new fiber, the price has fallen to $35 for 1MG of service, and local service providers are able to provide much larger increments in capacity. This means residents are able to get much more internet capacity for the same or slightly higher total price. For more information about rates and conditions, please contact your local internet service provider.

Look for more information and updates surrounding Quintillion’s new fiber-optic system in a future newsletter or other communications.






Veronica Jones A member of the ASRC family for nearly 13 years, Veronica Jones is now a geologist for the land’s department and ASRC Exploration, also known as AEX. Having long been fascinated by the sciences and the world around her, Jones pursued an undergraduate degree in geological sciences at the University of Alaska Anchorage and is currently seeking a master’s in the same field. “My brain is conditioned to the sciences, making geology the perfect career path for me,” said Jones. “Once I chose to focus on this field, I was open to seeing where it could take me. Luckily, it brought me back to ASRC, and I feel fortunate that I can use my education to benefit the shareholders and my culture.” Jones’ role is highly complex – so much so that few truly know what she does – yet interesting and far from the average desk job. In layman’s terms, Jones conducts resource evaluations of ASRC’s existing subsurface land ownership, evaluating 2D and 3D seismic surveys, assessing well results and even reconstructing the ancient environment. The information she collects can then be compared to an operator’s evaluation and used for royalty calculations from oil and gas development on ASRC lands. From an AEX perspective, evaluations can be used to provide valuable information about ASRC’s leases and the prospects of a reservoir. Despite being a full-time employee and parttime graduate student, Jones manages to excel in roles outside of work as well. She is


Veronica Jones

a mentor for GeoForce Alaska, a field-based geoscience program for high school students from the North Slope and Northwest Arctic Boroughs; and a member of the University of Alaska Department of Geological Sciences Community Advisory Board. “The biggest initiative we’ve been working on for more than for or five years is developing a master’s degree in geological sciences. In previous years, only a bachelor’s degree was available; but this year, we were successful and the UA system approved a graduate degree, which will become effective in the spring of 2018.” Veronica’s Iñupiaq names are Niayuq and Arrinaaq. Her mother is Rosie Aiken, who passed away in 2005. Her aaka and aapa are Mable and Kunuk Aiken, from Utqiaġvik. She looks forward to completing her own graduate degree, after which she plans to focus more on career, travelling, family and her many creative arts.






Ohenebah Amponsah awarded Sydney B. Williams Scholarship plans to “advise minority-owned nonprofits, start-ups and corporations on product liability, regulatory compliance, and commercial transactions as well as protect their companies from patent infringement.”

Kofi Amponsah

Oheneba “Kofi” Amponsah, an ASRC shareholder employee on the United States Patent and Trademark Office Information Resources and Instructional Services (USPTO IRIS) contract, was recently awarded the Sydney B. Williams Scholarship in the amount of $10,000. Kofi is a business methods patent analyst working at the USPTO main campus in Alexandria, Virginia. He is also currently an evening student at the University of the District of Columbia David A. Clarke School of Law (UDC Law) and holds a Bachelor of Arts in biology and neuroscience from Oberlin College. The scholarship he received is sponsored by the Thurgood Marshall College Fund and American Intellectual Property Law Association to promote diversity and offer financial assistance to law school students interested in Intellectual Property Law. An excerpt from UDC Law’s article, “UDC Law student Oheneba Amponsah awarded Syndey B. Williams Scholarship” (Looney, 2017): Oneheba explained his intention is to use his legal, patent and scientific expertise to “alleviate some of the disparities in the legal system for historically disenfranchised people and their business entities.” Specifically, he


He continued, “It is about providing access to opportunities for economic empowerment and financial literacy to those who have been historically disenfranchised from building capital. Patents are about innovation on one end of the spectrum, and at the other is the protection of shareholder value. I think Civil Rights 2.0 is about fostering a spirit of innovation in minority communities (i.e., black, poor white, LGBT, Hispanic, veterans) through access, inclusion, and mentoring so they may one day start companies, build capital and create jobs for all Americans. That’s my dream.” When asked what the scholarship means for him, Oneheba said, “In assessing the compelling need for intellectual property attorneys of color, I believe the scholarship program would allow me to network with fellow scholars and find attorney-mentors who may relate to my life situation and prior experiences.” Kofi’s Iñupiaq name is Attungorah. Kofi’s father is Ofosu Amponsah from Accra, Ghana and his mother is Kim Denise Hilaael Amponsah, an original shareholder of the Attungorah family of Tikigaq. His grandfather is Timothy M. (Johnson) Hilaael, great-grandfather is Charles Attungorah (Johnson) of Tikigaq, great-great-grandfather is Asatsiak Attungorah and great-greatgrandmother is Otoonah Killigivuk.


How many respondents support efforts to reduce adult heavy and binge drinking

A lot

A little bit 24.6%

Not at all



10.9% Don’t know Percentage of Respondents

The majority of respondents on the North Slope have expressed strong support for enhanced efforts to reduce heavy and binge drinking. (Based on the Prevention Crew’s Adult Alcohol Consumption Survey, January 2016)

If you or someone you know is in need of support, do not hesitate to contact one of the following resources: PreventionCrew

North Slope Borough Hotline: 1-800-478-0267 North Slope Borough Behavioral Health Center: 907-852-0366 North Slope Borough Prevention Program: 907-855-8501






James G. Martin was born and raised in Utqiaġvik, Alaska and has now been serving in the U.S. Air Force for five years. He enlisted at the age of 21 in an effort to support and give back to his country. Martin has since been part of several operations, including Operation Enduring Freedom, during which he was deployed in Afghanistan. When asked about the highlight of his experiences thus far, Martin shared this comedic story. “My favorite moment so far took place in a mortar shelter in Afghanistan. We were sitting around in silence, in 127 degrees in full body armor, waiting for the “all clear” over the radio. I gave out a little chuckle, and my supervisor made it a point for everyone to hear him say, ‘What’s so funny over there Martin?’ I replied with a smile, ‘I never would have imagined I’d go from harpooning whales to standing guard in Afghanistan. Heck, five years ago I wasn’t able to imagine how people could make it a day in temperatures over 100 degrees and this has been going on for two weeks now!’ Laughter ensued…most of those guys didn’t even know I was an Eskimo!”

Rossman E. Peetok

Rossman E. Peetok of Wainwright was just 19 years old when he enlisted, joining the National Guard in July of 1951. Peetok continued to serve for 33 years, retiring from the Army Reserve in 1984 as a First Sergeant (1SG). Despite his many years of service, Peetok was never deployed and says he enjoyed being in Alaska to protect his home. “I am very thankful to be alive today, along with one of the men that I served with. Most of my friends have passed away, but I know we will see them again someday. Keep on going forward and fight the good fight with all your might. Christ is your strength and your

James G. Martin


right way. God bless.”


In honor and remembrance – 2017 Adams, Pauline

Hank, Dean

Palmer, Charles Theron

Ahgeak, Byron Frederick

Hugo, Cheryl Ann

Paneak, Mickey I

Ahkivgak, Joseph

Hugo, Kate Beulah A

Panigeo, May A

Ahnupkana, Harry

Huteson, Lorena May

Pannett, Bernadette

Ahsoak, Della

Ipalook, Winford W

Patkotak, Crawford S Dillon

Ahsogeak, Bart G

Johnson, William

Patkotak, Elizabeth A

Ahtuangaruak, Joseph Joe

Kaleak Sr, Jeslie James

Pikok, Rhoda

Ahvakana, Jaecob Nicholas

Katairoak, Corey Roy

Ramos, Carlito Allen

Akootchook, Barrow Dan

Kignak Sr, Herman M

Rexford, Rosabelle K

Akootchook, Myrtle A

Kimball, Lillian Kavgina

Sanders, Larry L

Attungana, Doris

Kingsbury, Ellen Ruth

Segevan Jr, Wyman

Aveoganna, Beverly

Koenig, Pruesuilla

Shagloak, Adolph

Ballard, Patrick John

Kunaknana, Vera Julia

Simmonds, Daniel Mike

Baril, Alexcia Marie

Liljeblad, James Albert

Simmonds, Don Foster

Baum, Lois A

Lisbourne, Kenneth

Simmonds, Erdman

Berry, Ruben T

Mazzola, Dorothy Dot Manshigruk

Spear, David J

Bodfish, Alma Rhoda Bodfish, Steven Brower, Jane Brower, John Isaac Brower, Ronald Dewitt Dickerson, Kate Mary Ekak, Hanna Emmitt, William David Evikana, Delbert Dave Evikana, Florence Frankson, Esther Hank, Agnauraq Siitchiagruaq

Stone, Rose Ella

Mukpik, Joseph Aaron

Suvlu Sr, Lester

Nabers, Michael J Nageak, James Momigan Nashoalook, Merrill O Nashookpuk, Raymond L Nayukok, Samuel K

Thompson, Dorcas J Trembley, Yvaneck Ivan Tuckfield, Esther Tukle, Joash

Norton, Minnie

Ungarook, Jens Carl

Nukapigak, Minnie Lola

Ungarook, Price Leroy

Okakok, Jimmie Mike

Wardlow, Dale

Omnik, Jessie Arlene Oomittuk Jr, Roger Scott Oyagak, Virginia


Tagarook, Terry Lee

Waters, Jonathan Ahluk Woods, Nannie Kate




Petro Star adds Edward Itta to the fleet Petro Star Inc. (PSI) supplies its marine, aviation and retail divisions with fuel from the Valdez refinery by barge out of the Valdez Petroleum Terminal. The newest Petro Star barge, the Edward Itta, began her maiden voyage in October 2017 from the Gulf Coast. The 420-foot, 80,000-bbl barge took nearly two years to build, and was named for the late ASRC and Iñupiaq leader from Utqiaġvik. The Itta will be used for runs to Dutch Harbor, Kodiak and King Cove. PSI held a contest this past spring to select a name and have it submitted to Harley Marine for consideration. After a thorough review

of the list of submissions in the contest, the name was selected. The Itta is double-hulled and has a “push style” design to allow for increased efficiency and crew safety. The hull around the bow of the barge has been ice strengthened for use in Cook Inlet during the winter when ice is part of the operating environment. The Itta was on the West Coast at the end of November, and should be in service for Petro Star by the New Year. We’re looking forward to serving our coastal customers with the Edward Itta this winter.

The newest Petro Star barge, the Edward Itta.



ATTENTION SHAREHOLDERS PULLING TOGETHER Together...we can build a successful organization. Together...we can ensure an outstanding reputation. Together...we can preserve our values. ASRC is committed to an environment where open, honest communications are the expectation, not the exception. When you speak, we will listen. Help us defend our values and maintain the integrity of ASRC. Step up. Speak out. Shareholders are welcome to report any concerns by contacting the hotline.

ONLINE: www.asrc.ethicspoint.com PHONE: 844-771-7320





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