MARKET COMPOSITE
INDO - Indonesia Energy Corp Ltd8:00:00 PM 3/28/2024
Price
$2.16
+ 0.03 (1.41%)
Indonesia Energy Corporation Limited, through its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 km2 with net crude oil proved reserves of 1.98 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 km2 located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holdings Limited.
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Stock news

    President Frank Ingriselli Will Present an Update on IEC’s Development Plans andthe Positive Impact of the Recent Kruh Contract Extension JAKARTA, INDONESIA AND DANVILLE, CA, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today announced its President, Frank Ingriselli, will be presenting at The Microcap Conference in Atlantic City on January 31, 2024 at 3:40PM EST and again on Fe

    Changes come as IEC looks to leverage the exploratory work undertaken in 2023 with a view towards renewing and maximimizing drilling activities in 2024 and beyond JAKARTA, INDONESIA AND DANVILLE, CA, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has made changes and enhanced the effectiveness of its management team and Board of Directors. These changes c

    Indonesia announces a significant $20 billion investment from global lenders to develop renewable energy, aiming to reduce grid emissions and increase renewable energy in its mix, despite current heavy reliance on coal.

    President Frank Ingriselli Will Present Update on Development Plans and Recent Kruh Contract Extension JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced its President, Frank Ingriselli, will be presenting at the H.C. Wainwright 25th Annual Global Investment Conference on Tuesday, September 12 at 12:00PM EST. The in-person venue

    Company’s Profit Share Increases by More Than 100% Proved Reserves Also Anticipated to Increase Given Extended Contract Term Company Also Provides Update on Development Plans for 2023 and 2024 JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that its joint operation contract with Pertamina, the Indonesian state-owned oil and ga

    Company negotiating for Kruh Block contract extension 2023 new seismic operations seek to maximize returns from the Kruh Block drilling program JAKARTA, INDONESIA AND DANVILLE, CA, March 27, 2023 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced updates on its discovery wells drilled in 2022 and its ongoing development activities and plans for 2023 and beyond, including a potenti

    Kruh 28 also has a potentially significant new gas reservoir Company negotiating for Kruh Block contract extension 2023 new seismic operations seek to maximize returns from the Kruh Block drilling program JAKARTA, INDONESIA AND DANVILLE, CA, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced production updates on its Kruh 27 and Kruh 28 wells. These two back-to-back

    President Frank Ingriselli Will Present Update on Operations and Recently Completed New Discovery Well JAKARTA, INDONESIA AND DANVILLE, CA, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, announced today its President, Frank Ingriselli, will be presenting at the LD Micro Main Event investor conference on Wednesday, October 26th at 1:30pm PDT. The event will be held in-person at t

    Kruh 28 also has a potentially significant new gas reservoir Two potential additional new oil formations also discovered at Kruh Block Additional new seismic operations seek to maximize returns from the Kruh Block drilling program JAKARTA, INDONESIA AND DANVILLE, CA, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has discovered oil in its “Kruh 28” well.

    In addition, IEC announces that current production at Kruh Block plus current market price for oil brings IEC to current cash flow positive operations JAKARTA, INDONESIA AND DANVILLE, CA, July 12, 2022 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation Limited (NYSE American: INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that while drilling the Kruh 28 well on IEC’s Kruh block, IEC unexpectedly found evidence of a potential natural gas bearing