Oil Exploration & Production

 

CountryMark’s strategic objective is to assure a reliable and sustainable supply of local crude to meet CountryMark’s daily refining requirements and produce a quality portfolio of finished products. One of the critical steps in achieving this priority occurred in 2008, when CountryMark began investing in oil exploration and production opportunities in the Illinois Basin. Those early investments led CountryMark, in 2010, to make a greater commitment to its interest in American oil exploration and production. At that time, assets were acquired, employees were hired and Countrymark Energy Resources, LLC, the oil exploration and production subsidiary of Countrymark Cooperative Holding Corp., was formed.

CountryMark’s initial oil production acquisition in 2010 included 750 oil wells that produced 1,100 barrels of oil per day. Through improved oil field operations, oil exploration success and carefully selected acquisition, CountryMark has grown to become one of the largest oil producers in the Illinois Basin. Today, CountryMark manages 1,400 oil wells, producing 3,500 barrels of oil per day.

More than 90% of CountryMark’s oil leases are located in the Illinois Basin, a 60,000 square mile depression in southern Illinois, southern Indiana and western Kentucky. CountryMark also owns oil leases in northern Indiana, Michigan, Kansas and Texas.

Fueling Freedom to raise money for military families
On Friday, June 23 between noon and 5 p.m. at participating CountryMark fuel stations, CountryMark will donate to local National Guard Family Readiness Groups.
 
CountryMark fuels new History on Wheels traveling exhibit
The Indiana Historical Society recently debuted a one-of-a-kind history experience focused on sharing Indiana's auto heritage. CountryMark is proud to serve as the key fuel sponsor for the History on Wheels traveling exhibit for 2017.
 
New Kentucky retail site features CountryMark premium fuels
Motorists have a convenient, new option to fuel up with CountryMark's premium gasoline and diesel fuel right off of Interstate 69 in Madisonville, Ky.
 
City of Fort Wayne: Why We Run a CountryMark Biodiesel Blend
"We have been very pleased with our CountryMark biodiesel blend .."
 
MITS: Why We Run a CountryMark Biodiesel Blend
"We have been running a CountryMark biodiesel blend in our fleet for 12 years and have experienced no issues ..."
 
 

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