Indonesia Energy Corp Ltd INDO

Energy Oil & Gas E&P

Indonesia Energy Corporation Limited is an independent energy company that is engaged in the oil and gas business with operations primarily in Indonesia. The Company holds two oil and gas assets through its subsidiaries in Indonesia: Kruh block and Citarum block. The Company also identified a potential third exploration block known as the Rangkas area. The Kruh block is a producing block covering an area of approximately 258 (square kilometers) km2 and is located 16 miles northwest of Pendopo, Pali, South Sumatra. Out of the total eight proved and potentially oil-bearing structures in the Kruh block, three structures (North Kruh, Kruh and West Kruh fields) have combined proved developed and undeveloped gross crude oil reserves of approximately 2.06 million barrels (net crude oil proved reserves of 1.18 million barrels) and probable undeveloped gross crude oil reserves of 2.44 million barrels. The Citarum Block is an exploration block covering an area of approximately 3,924.67 km2.

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Indonesia Energy Corp Ltd > good moves

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Comment by copperplayon Dec 12, 2022 7:13am

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Post# 35165559

RE:good moves

Edwardo wrote: I don't know this for a fact but I believe they have tapped NatGas and Oil on K28 and we will find out about it next month along with Earnings.

Nat Gas up 10% today could we see a take over here?

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