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JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / May 18, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that, as disclosed in its Annual Report on Form 20-F for the year ended D...
INDO begins drilling in the Kruh Block. Well Kruh-25 is the first of three back-to-back wells. Management expects to drill 5 wells in 2021, 6 in 2022, and 7 in 2023. Other details regarding drilling depth, time to drill, and expected initial production were unchanged. The announcement has been...
Paves way for commencement of new production at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / April 22, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that ...
On March 31, 2021, the White House released details of the American Jobs Plan (AJP), a $2.2 trillion eight-year plan to improve the infrastructure of the United States. While the program uses the term infrastructure loosely to include modernizing schools and childcare facilities and providing ...
Oil prices have risen dramatically in recent months. The upward trend took root in November of 2020 and seems firmly in place. Oil’s current strength reflects increasing optimism for a global economic recovery as fewer cases of Covid19 lead to more petroleum-consuming activities. While ...
We are upgrading the shares of INDO to Outperform from Market Perform following weakness in the share price. Recall that we had downgraded the shares on March 3rd when the share price crossed our price objective of $8.00 per share and traded above our P.O. for several weeks. The shares have be...
Plan to drill 3 Back-to-Back Production Wells at Kruh Block JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / March 9, 2021 / Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that ...
Paves way for commencement of new production well drilling operations at Kruh Block in the next 30 days Appraisal activities at Citarum Block also continuing JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / March 4, 2021 / Indonesia Energy Corporation Limited (NYSE American:IN...
JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / February 26, 2021 / Indonesia Energy Corporation Limited (NYSE: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 gas c...
Experienced energy industry and finance executive to serve as Chairman of IEC's Audit Committee JAKARTA, INDONESIA AND DANVILLE, CA / ACCESSWIRE / January 25, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on...
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Citarum Block operations, where natural gas reserves could potentially exceed a billion barrels of oil equivalent, to commence by end of year JAKARTA, INDONESIA AND DANVILLE, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) (" IEC "), an...
Environmental permits granted at Citarum Block, where natural gas reserves could potentially exceed a billion barrels of oil equivalent JAKARTA, INDONESIA AND DANVILLE, CA, June 24, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas...
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