Company History

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Company History

The story of what is recognized worldwide today as Pioneer Oil Company began in the 1870’s in Pennsylvania when Asa Wellington started producing oil; he soon moved the family to Oklahoma for continued oil production.  As a true Pioneer, he engaged in sourcing and producing oil throughout his life.  As the family grew, it branched out and moved to several oil rich regions of the United States.  During that period, John Earl Jones moved his branch of the family to Illinois in 1937 when he was contracted to work for the Carter Oil Company to develop the Prairie Creek Field.

The Carter Oil Company was later renamed twice; first as Humboldt and later yet as what we know today – the Exxon company.  John's son, Donald Jones, Sr., remained true to family tradition by working in the oil fields of Illinois, Kentucky, Indiana and Michigan

In 1972, Jones Oil Company was incorporated  by his son, Donald E. Jones, Jr., the fifth generation of Joneses to provide service to the domestic oil industry.  The company's first operations were the Spring Hill Field, a pinnacle reef structure near Terre Haute, Indiana.  Proceeds from the successful development of the Spring Hill Field were used to purchase additional producing properties in the area.  With continue growth and success, in February, 1979 the name was changed to Pioneer Oil Company, Inc. and moved to expanded facilities on Woodsmall Road in Terre Haute, Indiana.

Growth of the company was steady as the company continued successful exploration activities until 1986.  In order to continue with a pattern of growth, Don Jones adopted a strategy of building the company by acquiring properties from financially stricken oil producers until the oil price slump of 1993. 

From 1993 to present, Pioneer Oil Company has continued its impressive growth by actively adding oil and gas reserves to its inventory.

Today, Donald E. Jones, Jr. is President and 100% owner of Pioneer Oil Company.