Business Name: Denendeh Development Corporation Legal Name: Address: Suite 332, 5120 - 49th Street - PO Box 2725 Community: Yellowknife, NT Postal Code: X1A2R1 Phone: (867) 920-2764 Fax: (867) 669-7525 Email: gorman@denendeh.ca , ddc@denendeh.ca Contact Person: Margaret Gorman, General Manager
Is this an Aboriginal business:
Yes
Description of business:
Aboriginal Economic Development, Investment Corporation. 100% owner of Shehtah Drilling Ltd., (Drill rigs and Service Rigs, Oilfield Services)
The business currently supplies goods and services to the following
mining industries:
Gold Mine Production
Diamond Mine ProductionFalse
Oil Gas ProductionTrue
Mine ConstructionFalse
Oil Gas ConstructionFalse
Mineral ExplorationFalse
Oil Gas ExplorationTrue
Base Metal MiningFalse
OtherTrue
Other specified: telecommunications/digital communications
Year business started: 1982
Is business a joint venture:
No
Partner Name
% Aboriginal
Business structure: Corporation Type of Corporation: Development Corp Year Incorporated: 1982
Parent Company Info Company/Band Name: Gwich’in Tribal Council, Sahtu Dene Council, Deh Cho First Nations, Akaitcho Territory Government, Dogrib Treaty 11 Tribal Council Address: Community: Province/State: Postal Code: Phone: Fax: Email: Contact Person: Percent of Parent Company which is Aboriginal: 100%
Company Mission Statement:
DDC is a vehicle for the regions to cooperate in viable social economic ventures.
Brief History of the Company:
The Denendeh Development Corporation ( DDC) was incorporated in 1982 to provide a way for the Dene to share in the ownership of profitable businesses and to foster employment growth and career development in Dene communities. The DDC works to create long term economic self - sufficiency for the Dene.
Owned by the Dene of the Northwest Territories, the DDC is governed by a Board of Directors representing the Akaitcho, Deh Cho, Dogrib, Gwich’in and Sahtu First Nations.
The DDC has investment in a number of Canadian businesses - most of which are based in the North.
Contract or Sales Range: $1 million - $5 million
Short List of Recent Major Projects or Clients:
Client:
Project Name:
Year:
Value:
Paramount Resources
Drilling
2002
1,000,000,00
Imperial Oil
Service
2001
2,000,000,00
Business Licenses and Registrations:
NWT Business License:
Yes
Nunavut Business License:
No
NWT Workers Compensation:
Yes
Nunavut Workers Compensation:
No
Employment Profiles(Annual Averages)
Full Time
Part Time
Number of Employees:
75
5
Number Living North of 60 Latitude:
95%
100%
% Living North of 60 Latitude that are Aboriginal:
70%
100%
Business Description for Mining Related Activities
Transportation:
Air Carrier Fixed Wing: True
Air Carrier Helicopter: True
Road Carrier: True
Marine: False
Other: False Other Description:
Camp Services:
Catering: False
Communications: True
General Site Service: False
Janitorial: False
Maintenance: False
Medical: True
Security: True
Other: False Other Description:
Manufacturing:
Fabrication: False
Manufacture: False
Other: False Other Description:
Equipment,Products and Services:
Shehtah Drilling Limited
Shehtah has been at work in the North for almost two decades. Operating rigs built to strict northern specification, Shehtah’s fleet is designed to drill and service wells in the harsh winter weather conditions of northern Canada. Since it began work in 1984, Shehtah has drilled and serviced wells in the Mackenzie Valley and in northern Alberta.
Shehtah rigs can drill to depths ranging from 4000 to 4500 Shehtah also plans to construct a new “double “ rig once the refurbishment program is complete on its existing rig.
Shehtah supports and encourages the further development of businesses in the Northwest Territiories and gives first considerations for employment to qualified residents in northern communities. During the 2000 - 2001 drilling season the majority of the approximately 100 persons employed by Shehtah were Aboriginal.
