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.

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.
 
CountryMark Fueling Freedom Events Raised more than $62K for Military Families
CountryMark's Fueling Freedom events on June 22 raised more than $62,000 to support local National Guard Family Readiness Groups.
 
Fueling Freedom celebrates 10th anniversary on June 22
On Friday, June 22, thirty-nine CountryMark fuel stations across the Midwest will host Fueling Freedom, an event dedicated to supporting local military families.
 
CountryMark recognizes outstanding energy professionals
CountryMark recently honored five energy professionals for outstanding performance and leadership during the annual CountryMark Awards Banquet hosted in Indianapolis on Saturday, November 18
 
 

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