July 11, 2024 (Daphne, Ala.): Vexxil Energy and 68 Ventures announced a strategic partnership to leverage complementary positioning in real estate development, retail operations, and fuel distribution.

This partnership will enable Vexxil Energy to rapidly expand its fuel distribution network and new-to-industry convenience store portfolio significantly expanding its market presence and ability to serve a broader reach of communities. This collaboration leverages the strengths of both companies to better serve the energy market in the Alabama, Florida, and Mississippi Gulf Coast regions.

“At 68 Ventures we are all about charging the hill alongside people that share our values, high standards, and have the courage to bet on themselves. Joel Poe embodies what we are looking for in a partner, so to be able to create a win-win situation where we can add value with our resources, relationships, and experience, and he can deliver on the operational front, is an ideal scenario,” explained Nathan Cox, Founder and Chairman of 68 Ventures. “Partnering with Vexxil Energy allows us to extend our entrepreneurial platform and unique culture into the retail convenience and energy market, ultimately enhancing the quality of life in our communities.”

“Joining forces with 68 Ventures represents a significant milestone for us,” said Vexxil Energy’s Founding Partner, President, & CEO Joel Poe. “By aligning with 68 Ventures, we can rapidly expand our convenience store portfolio and increase our fuel distribution capabilities to consumers, companies, organizations, and governments, allowing us to serve more communities along the Gulf Coast and deliver on our unwavering commitment to customer service.”

“We have never been scared of opportunities when something is the right fit and this partnership is a testament to that commitment,” added Adam Campbell, President of 68 Ventures. “Together, we aim to set new standards in the retail convenience and fuel distribution industry.”

This venture, between Vexxil Energy and 68 Ventures, will focus on expanding the infrastructure for conventional fuels, enhancing the efficiency and reach of fuel distribution systems, and developing state-of-the-art convenience stores. Together, Vexxil Energy and 68 Ventures are committed to transforming the Gulf Coast’s energy landscape.

About Vexxil Energy:
Vexxil Energy, based in Daphne, Alabama, is a vertically integrated energy company redefining fuel distribution across the Gulf Coast. Founded by Joel Poe and 68 Ventures, Vexxil supplies bulk transportation fuels, additives, and fuel management services, and operates one of the region’s most advanced fuel transport networks. Our focus is simple: deliver fuel with unmatched reliability, speed, and precision. Vexxil Energy is a 68 Ventures company. Learn more at vexxilenergy.com.

About 68 Ventures:
68 Ventures is the parent company of numerous operating businesses along the Gulf Coast and adjacent markets that focus on development, investment, construction, and various service-related enterprises. Headquartered in Daphne, Alabama, 68 Ventures is a purpose-driven, culturally focused organization with a strong operational track record, making it the region’s largest single-family developer. 68 Ventures has deployed well over a billion dollars in capital and reached the ranks as one of the top 100 private home builders prior to exiting. For more information, visit 68ventures.com.