Calista Corporation: Serving Alaska and beyond

Calista Corporation is the parent company of more than 35 subsidiaries in the following industries: oil field support services, coil tube and work over drill rigs, military defense contracting, construction, communications, real estate, environmental and natural resource development, and information technology and media services. Calista can be found on Facebook (www.facebook.com/CalistaCorporation) and Twitter (http://twitter.com/CalistaCorp).

Formed under the Alaska Native Claims Settlement Act, the region Calista Corporation serves is a vast and beautiful corner of the world. Tucked between two of Southwest Alaska’s mightiest rivers – the Yukon and the Kuskokwim – this unique isolated area is the traditional home of the state’s indigenous Yup’ik, Cup’ik and Athabascan people, our Shareholders. Since Calista began a formal application program in 1994, Calista has provided more than $3.5 million in scholarships to its Shareholders and Descendants. Since inception more than $27.6 million in dividends and Elders’ Benefit Program distributions to its Shareholders.

The Calista Region encompasses 57,000 square miles and is the second largest ANCSA region in land size. The land entitlement to Calista, however, is only 6.5 million acres – less than 20 percent of the land area. Approximately 75 percent of the land within the Region is owned by the Fish and Wildlife Service. Surrounded by mostly federally owned lands, the Region is about the size of New York State. It encompasses nearly 10 percent of Alaska’s land area and is comprised of 56 federally recognized tribes. There are no roads that connect it with the rest of Alaska. Because everything must be flown or barged to each community, the cost of food, fuel, transportation and energy are extraordinarily high. Calista Corporation works hard and partners with many to improve and enrich the way of life for our Shareholders and Descendants.

Learn more about the Calista Corporation at www.calistacorp.com.

Author: Ann Northcutt

Share This Post On