ASRC acquires Little Red Services, Inc.

• Position: More Acquisitions and Sales of Note - Arctic Slope Regional Corporation - Brief article

Arctic Slope Regional Corporation (ASRC) announced in May it acquired Little Red Services, Inc. (LRS), a company that provides "hot oil" and other well services on the North Slope,

where it has been working for more than thirty years. LRS President and CEO Doug Smith says the financial support from ASRC, coupled with oil tax reform, puts LRS in a position of improvement and...