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.

CountryMark Fuels Power the Indiana State Fair
The 2017 Indiana State Fair will run from August 4-20 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.
 
CountryMark to Host Biodiesel Celebration
This Wednesday, July 12, we will host Indiana Lt. Governor Suzanne Crouch at our refinery in Mt. Vernon, Ind. We invite farmers, fleet managers and biodiesel supporters to join Indiana's Lt. Governor at our refinery Pavilion at 11 a.m. Wednesday to hear remarks from our CEO, an Indiana farmer and an Illinois truck fleet owner about why they believe in biodiesel-blended fuels. Let's show Indiana's Lt. Governor that we believe in American-made fuels and we support our local soybean farmers!
 
CountryMark Fueling Freedom event raises $50K for military families
Helping to support local military families, the CountryMark system raised more than $50,000 during Fueling Freedom events in Indiana, Illinois and Ohio on Friday, June 23.
 
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.
 
 

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