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 ~1100 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 has non-operating oil leases in Texas, Kansas and Louisiana.

CountryMark Sponsors New Expo Pavilion Coming to Posey County Fairgrounds
The Posey County Fair Association along with major sponsor CountryMark announced today plans to construct an expo pavilion that organizers believe will exceed community expectations.
 
CountryMark’s Mt. Vernon Refinery earns EPA’s ENERGY STAR® Certification
The U.S. Environmental Protection Agency (EPA) has recognized CountryMark’s Mt. Vernon, Indiana refinery as an ENERGY STAR® certified facility for 2023.
 
CountryMark Announces Ada Cuadrado as VP of Operations
INDIANAPOLIS, December 4, 2023 -- CountryMark recently named Ada Cuadrado as vice president of operations leading the company's refining, project management, regulatory and safety organizations.
 
Fueling Wishes Raises Over $28,000 to Fund Wishes of Two Hoosier Children in Need
CountryMark fuel stations in Greenfield, Indiana and Winslow, Indiana raised more than $28,000 during the month of September to fund the wishes of two local children battling life-threatening illness through CountryMark’s Fueling Wishes fundraiser.
 
Two CountryMark Fuel Stations will Host Fundraisers for Children in Need
CountryMark’s Fueling Wishes fundraiser is returning for the second year to fund the wishes of two Hoosier children battling critical illnesses. During the month of September, CountryMark is donating 20 cents for every gallon of fuel sold at the CountryMark station in Greenfield, IN and the CountryMark station in Winslow, IN to fund the wishes of each child.
 
 

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