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Business Briefs

Posted: Thursday, May 16, 2002

Anchorage to Host Energy Frontiers Conference

Anchorage will host an international group of regulators, geologists and engineers at the Energy Frontiers, a 2002 Perspective convention. More than 600 professionals from around the world will convene at the Anchorage Sheraton Hotel from Monday through Wednesday to discuss technical issues related to Arctic energy resources.

The conference is a joint meeting of the American Association of Petroleum Geologists, Pacific Section, and the Society of Petroleum Engineers, Western Region. Local host societies, the Alaska Geological Society and the Alaska Section of the Society of Petroleum Engineers, have put together a full agenda of technical presentations, vendor exhibits, short courses and field trips. U.S. Department of the Interior Assistant Secretary Bennet Raley will deliver a keynote address on Tuesday entitled "Onshore Alaska -- The Department of Interior's Role in Meeting Energy Challenges."

Although focused on energy resources, the conference will address a broad range of scientific, technical and business issues. Geologists from industry, academia and government have a once-in-a-decade opportunity to debate both fundamental and applied topics. Engineers can check out the latest technical innovations for dealing with the arctic environment. A special session looks at non-energy resources. In addition to sessions for scientists and engineers, the conference offers special activities for teachers. Registration is $250 for professional members and $300 for nonmembers. For more information, visit the conference Web site at www.aapg-spe-2002.org or call 265-6573.

Deadline extended on small-business disaster loan

The U.S. Small Business Administration has extended to Wednesday the filing deadline for small-business owners across the country to apply for Economic Injury Disaster Loans. The previous deadline was April 22.

The EIDLs are available to eligible small businesses that suffered substantial economic injury as a direct result of the September terrorist attacks or a federal action taken in response to the attacks.

Small businesses may apply for a working capital loan of up to $1.5 million. The interest rate on these loans is 4 percent with a maximum term of 30 years. The SBA determines the amount of economic injury, the term of each loan and the payment amount based on the financial circumstances of each borrower.

Alaska businesses interested in applying for an economic injury loan can contact the SBA disaster area office at 1-800-488-5323. For more information, visit the SBA Web site at www.sba.gov/disaster.

Chugach Electric names new general manager

Chugach Electric Association named Evan J. "Joe" Griffith general manager, effective May 6. The Chugach board of directors announced Griffith's selection at Chugach's April 25 annual membership meeting. Griffith replaced Gene Bjornstad who retired May 3 after serving as Chugach's general manager since 1994. Griffith was most recently Chugach's executive manager of finance and energy supply.

Griffith has worked at Chugach nearly 13 years and has played a major role in making Chugach a better organization and a successful Alaska corporation. As the chief financial officer, he headed up the team that completed the recent $180 million bond issuance that was a significant refinancing accomplishment for Chugach. He also helped Chugach refinance its Rural Electrification Administration debt in 1991.



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