dawson city, yukon may 20, 2010 - tr'ondek · ciri: a corporate profile and history ......

Dawson City, Yukon

May 20, 2010

Partnerships: a theme and a strategy • What is a partnership?

• How does a partnership work?

• What is a partnership strategy?

CIRI: a corporate profile and history of partnerships • About CIRI

• A rich and rewarding history of partnerships

• Role of natural resource development and U.S. federal statutory advantages

CIRI: a partnering overview • Existing partnerships

• CIRI’s partnering approach

Peak Oilfield Service Company

A partnership with Nabors Industries (1983)

50/50

Oilfield services and civil construction

peakalaska.com

Alaska Interstate Construction, LLC

A partnership with Nabors Industries (1995)

50/50

Heavy civil construction, especially remote resource development

aicllc.com

Tikahtnu Commons development

A partnership with Browman Development (2007) 50/50 Alaska’s largest retail and mixed use development at approximately 950,000 square feet at full build out ciri.com/content/company/TikahtnuCommons.aspx

T-Mobile licenses

A partnership with T-Mobile USA (2004)

Entity and licenses owned by CIRI for system operated under lease by T-Mobile USA

FCC cellular licenses

CIRI-Collins Logistics, LLC

A partnership with Collins Brothers (2009)

51/49

Moving services and logistics

Hyatt Regency Lost Pines Resort & Spa

Partnership with Woodbine Development Co. and Oklahoma Publishing Co. (2006)

32.6% CIRI ownership

Hospitality: golf resort, 492-room hotel and spa

Stone Horn Ridge, LLC

A partnership with Laurus Energy, Inc. (2010)

50/50

Energy development: underground coal gasification

Hyatt Place San Antonio North/Stone Oak

A partnership with Dewey Weaver/InterMountain Management (2008)

50/50

Hospitality: 126-room business hotel

Northwind, Inc. (acquisition)

An acquisition, not a partnership (2009 year-end)

100% CIRI-owned

Environmental remediation, engineering and construction

CIRI’s partnering approach What is the opportunity?

What are business lines are available?

Who are the potential strategic partners?

What do we bring to the table?

Identify partner target and formulate approach

Lessons Learned Align partners’ long-term financial interests

Bring value

Cooperate, compromise and communicate

Develop capacity and expertise

Exit strategy

Partnering with Alaska Native Corporations 12 Regional Corporations

200+ village corporations

Resource development is important

Widely varied areas of investment, business cultures and levels of success

Identify partner target and formulate approach

Thank You

www.ciri.com