Strategic Relationships
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Strategic Relationships
Pioneer Oil Company, Inc. (Operator)
- Located in Lawrenceville, IL
- Third generation privately owned and operated oil production company with 300 employees
- Pioneer has over 2,000 wells in current production
- First operator to bring and satisfactorily utilize horizontal drilling within the “Illinois Basin”
- Successfully drilled and operated wells in
- Illinois, Indiana, Kentucky, Oklahoma, Kansas, Utah, and Alaska
- Virtually all of the drilling and completion work is completed by Pioneer employees, unlike most operators in the “Illinois Basin”
- Highly respected by peers for running one of the most ethical, and technologically advanced operations
- Long-term relationship between Midwest and Pioneer dating back to 2008 when Mr. Herrick was employed by CountryMark and began working with Pioneer
- Since 2009, Midwest has drilled 51 new wells with Pioneer
- Midwest’s primary contacts
- Don Jones, President since 1975
- Mark Jones, Geologist
- Steve Miller, CFO
Zanetis Oil Company, Inc. (Operator)
- Located in Mt. Carmel, IL
- Privately owned and operated oil production company
- The principal is a third generation oil driller
- Principals owns or operates nearly 200 wells
- Successfully drilled and operated wells in
- Illinois, Indiana, Kentucky, and Nebraska
- Relationship between Midwest and Zanetis dating back to 2013
- Zanetis drilled 5 new wells for Midwest in 2014
- Midwest’s primary contacts
- Chris Zanetis, Principal
CountryMark
- Headquarters – Located in Indianapolis, IN
- Refinery – Located in Mt. Vernon, IN
- Built in 1940 by farmers who envisioned energy security and independence
- The refinery operates 24 hours per day, 365 days per year. Refinery capacity averages 26,800 barrels of crude processed per day
- The refinery is supplied with crude oil from the Illinois Basin through a system of approximately 500 miles of pipeline, which gathers the crude oil from thousands of oil wells owned by area farmers and landowners
- CountryMark is Indiana’s only American-owned oil exploration, production, refining and marketing company
- CountryMark refines only American crude oil from the Illinois Basin
- Illinois Basin crude oil is of high quality similar to the Middle East (light sweet). It naturally contains less sulfur, which contributes to processing ease and product quality.
- Although detailed financial data is not provided/unavailable to public, it is believed that CountryMark has $1.5 billion in annual sales and purchases approximately 75% of the oil produced in the basin
Law Firm and Accountants
Kahn, Dees, Donovan & Kahn, LLP (Legal Counsel)
- Located in Evansville, IN
- Establish in 1908
- Extremely experienced in mineral laws
- For Midwest
- Reviews all title work for each drilling site
- Organizes / Creates the LLC for each investor group
Harding, Shymanski & Company, P.S.C. (Accountants)
- Located in Evansville, IN
- Establish in 1975
- The premier accounting firm in the Illinois Basin who is highly experienced in oil and gas ventures
- For Midwest
- Provide year-end tax returns
- K-1’s
Strategic Relationships
Pioneer Oil Company, Inc. (Operator)
- Located in Lawrenceville, IL
- Third generation privately owned and operated oil production company with 300 employees
- Pioneer has over 2,000 wells in current production
- First operator to bring and satisfactorily utilize horizontal drilling within the “Illinois Basin”
- Successfully drilled and operated wells in
- Illinois, Indiana, Kentucky, Oklahoma, Kansas, Utah, and Alaska
- Virtually all of the drilling and completion work is completed by Pioneer employees, unlike most operators in the “Illinois Basin”
- Highly respected by peers for running one of the most ethical, and technologically advanced operations
- Long-term relationship between Midwest and Pioneer dating back to 2008 when Mr. Herrick was employed by CountryMark and began working with Pioneer
- Since 2009, Midwest has drilled 51 new wells with Pioneer
- Since 2009, Midwest has drilled 51 new wells with Pioneer
- Midwest’s primary contacts
- Don Jones, President since 1975
- Mark Jones, Geologist
- Steve Miller, CFO
Zanetis Oil Company, Inc. (Operator)
- Located in Mt. Carmel, IL
- Privately owned and operated oil production company
- The principal is a third generation oil driller
- Principals owns or operates nearly 200 wells
- Successfully drilled and operated wells in
- Illinois, Indiana, Kentucky, and Nebraska
- Relationship between Midwest and Zanetis dating back to 2013
- Zanetis drilled 5 new wells for Midwest in 2014
- Midwest’s primary contacts
- Chris Zanetis, Principal
CountryMark
- Headquarters – Located in Indianapolis, IN
- Refinery – Located in Mt. Vernon, IN
- Built in 1940 by farmers who envisioned energy security and independence
- The refinery operates 24 hours per day, 365 days per year. Refinery capacity averages 26,800 barrels of crude processed per day
- The refinery is supplied with crude oil from the Illinois Basin through a system of approximately 500 miles of pipeline, which gathers the crude oil from thousands of oil wells owned by area farmers and landowners
- CountryMark is Indiana’s only American-owned oil exploration, production, refining and marketing company
- CountryMark refines only American crude oil from the Illinois Basin
- Illinois Basin crude oil is of high quality similar to the Middle East (light sweet). It naturally contains less sulfur, which contributes to processing ease and product quality.
- Although detailed financial data is not provided/unavailable to public, it is believed that CountryMark has $1.5 billion in annual sales and purchases approximately 75% of the oil produced in the basin
Law Firm and Accountants
Kahn, Dees, Donovan & Kahn, LLP (Legal Counsel)
- Located in Evansville, IN
- Establish in 1908
- Extremely experienced in mineral laws
- For Midwest
- Reviews all title work for each drilling site
- Organizes / Creates the LLC for each investor group
Harding, Shymanski & Company, P.S.C. (Accountants)
- Located in Evansville, IN
- Establish in 1975
- The premier accounting firm in the Illinois Basin who is highly experienced in oil and gas ventures
- For Midwest
- Provide year-end tax returns
- K-1’s