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 operates more than 900 oil wells, producing ~1800 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, Kansas and Texas.

CountryMark Fueling Freedom events raise more than $57,000 for local military families
CountryMark’s Fueling Freedom events on June 21 raised more than $57,000 to support local National Guard Family Readiness Groups. Across Indiana, Illinois and Ohio, 37 CountryMark-branded fueling stations participated in Fueling Freedom 2019. For every gallon of fuel pumped, CountryMark and local branded-dealers agreed to donate 50 cents to local National Guard Family Readiness Groups. 
 
Fueling Freedom to raise money for local Military Families
When you fill up at a participating CountryMark fuel station on Friday, June 21 between noon and 5pm, CountryMark and member owners will donate 50 cents for every gallon of fuel pumped to local National Guard Family Readiness Groups. Customers are also invited to register to win a $150 gift card.
 
CountryMark to sponsor artificial turf for Mt. Vernon High School football field
Mt. Vernon – CountryMark is excited to announce a partnership with the Mt. Vernon School District as title sponsor for the installation of artificial field turf on the Mt. Vernon High School football field.
 
Premium Fuel Comes with Premium Benefits
As consumers we are bombarded by marketing campaigns claiming bigger and better products, and services that offer to simplify and improve our daily lives. Oftentimes, it is difficult to sift through the clutter as to what is factual and what is a half-truth marketing claim set out to confuse or convince us into purchasing products or services we may not necessarily need.
 
CountryMark Fuels Power the Indiana State Fair
The 2018 Indiana State Fair will run from August 3-19 at the Indiana State Fairgrounds in Indianapolis. During this 17-day fair, the tractor shuttles will be powered by CountryMark's Premium Dieselex-4, and the antique tractors will be powered by CountryMark PLUS gasoline. Both CountryMark fuel products are being delivered by Co-Alliance.
 
 

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