News

Chugach Alaska Corporation partners with All American Oilfield companies

Wednesday, January 28, 2015

(Anchorage, Alaska) – Chugach Alaska Corporation (Chugach) recently entered into an agreement to acquire a substantial portion of All American Oilfield Associates, LLC and its wholly-owned subsidiary All American Oilfield Equipment, LLC (All American). Headquartered in Kenai, All American provides oil and gas services in the Cook Inlet region and other areas of Alaska.

“All American possesses an expertise in the oil and gas industry, and already has a solid business model and customer base – all of which will strengthen Chugach’s position in the dynamic Alaska oil and gas market,” said Gabriel Kompkoff, CEO of Chugach. “In alignment with Chugach’s ‘great owner’ approach to company ownership, All American will continue to operate as it has in the past. We hope to accelerate All American’s growth and success by helping the company refine their services, develop their brand and grow their customer base.”

While All American will become part of the Chugach organization, the company will continue to operate out of their Kenai headquarters, and will remain under the company’s founders and current leadership team, Pete and Tanya Dickinson.

“We are excited about the prospects ahead for our business and employees as Chugach lends its services, technology and talents to enhance All American’s service offerings,” said Pete Dickinson, President and founder of All American. “The partnership enables All American to create enduring, long-term value for customers and employees as we benefit from Chugach’s significant corporate resources and support. Our companies have earned stellar reputations for implementing business practices that do right by our customers and employees, and this partnership only serves to reinforce our vision and values.”

The acquisition closed Monday, January 5, and Chugach will continue partnering with All American to create synergies and a stable base for long-term growth.

About Chugach Alaska Corporation:
Established in 1972 under the Alaska Native Claims Settlement Act (ANCSA), Chugach Alaska Corporation exists to serve the interests of the Alaska Native people of the Chugach region through profitability, celebration of our heritage and ownership of our lands. We represent more than 2,500 Aleut, Eskimo and Indian shareholders, and we work to provide opportunities through responsible management of our lands, businesses and assets. Chugach strives to fulfill its mission through developing operational businesses that provide wide-ranging services for federal and commercial clients including facilities management and maintenance, construction, technical and IT, oil and gas and education services. Learn more at www.chugach.com.

About All American:
Founded in 2010 by Pete and Tanya Dickinson, All American Oilfield, LLC is an Alaska based company that provides a comprehensive range of oilfield services, to include drilling, production, construction, consulting and general management services. Based in Kenai, All American companies provide oil and gas services to the Cook Inlet region and other areas of Alaska. The company offers an experienced, local team with the knowledge to provide unparalleled oil and gas services. All American’s commitment to customers, performance and safety is of the utmost importance at every level of All American companies.

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