INDO News and Press, Indonesia Energy Corporation Limited From 01/26/22

Indonesia Energy announced the closing of the initial $5.0 million tranche of a total anticipated $7.0 million private placement. The sale of a senior convertible note with a 6.0% discount and an 18-month maturity includes a five year warrant to purchase shares at an exercise price of $6.00 pe...

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / January 24, 2022 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced the closing of the initial $5.0 million tranche of a total anticipated $7.0...

One of the sectors worst hit and slowest to recover during the first year of the pandemic was oil. Since 2020 oil prices have more than recovered. In fact, gasoline use is now near its pre-pandemic level, and oil prices are at a seven-year high. What’s more, analysts at top Wall Street ...

JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / January 10, 2022 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that IEC's operating company has been recognized by the state oil and...

Energy stocks, as measured by the XLE Energy Index, began the quarter on a high note outperforming the overall market. As we entered the second half of the quarter, however, energy stocks leveled off while the overall market continued to rise. For the quarter ended December 31, 2021, the XLE r...

The ExxonMobil explosion has the potential to impact fuel prices through this winter or longer. The Baytown refinery complex in Texas is one of the largest integrated refinery and petrochemical facilities in the US. This is a “major industrial accident” according to the local She...

The ExxonMobil explosion has the potential to impact fuel prices through this winter or longer. The Baytown refinery complex in Texas is one of the largest integrated refinery and petrochemical facilities in the US. This is a “major industrial accident” according to the local She...

Indo released production updates following the completion of Kruh Well 26. On the positive side, the company reports that production has increased 50% with the completion of the well and an earlier well. Production is expected to increase further as the well de-waters. The well came in on budg...

Additional well drilling on the Kruh Block anticipated to commence within 60 Days JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / December 20, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesi...

Energy stocks started off weak but finished strong. Energy stocks, as measured by the XLE Energy Index, declined sharply in the first half of the quarter falling as much as 16%. The second half of the quarter was a different story with the index regaining lost ground and finishing within 0.04 ...