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home / news releases / INDO - Indonesia Energy Corporation Undervalued Due To Oil Price Increases And Drilling In The Kruh Block


INDO - Indonesia Energy Corporation Undervalued Due To Oil Price Increases And Drilling In The Kruh Block

  • Indonesia Energy Corporation is an oil and gas E&P business with an outstanding team comprising large players in the United States.
  • The company believes that production could increase sufficiently to deliver a cash flow increase of more than 200% y/y.
  • With the new information about the drilling of INDO’s producing block, I believe that the NPV of this asset could be worth $380 million.

For further details see:

Indonesia Energy Corporation Undervalued Due To Oil Price Increases And Drilling In The Kruh Block
Stock Information

Company Name: Indonesia Energy Corporation Limited
Stock Symbol: INDO
Market: NYSE
Website: indo-energy.com

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