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Bullboard - Stock Discussion Forum
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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NYSEAM:INDO - Post Discussion
Indonesia Energy Corp Ltd
> Natural Gas Find
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•••
copperplay
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Post by
copperplay
on Feb 15, 2023 11:35am
Natural Gas Find
As soon as they confirm this Nat Gas discovery is equivalent to Billion barrels this shoot's up to $50 plus
(6)
•••
endinsight
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Comment by
endinsight
on Feb 15, 2023 12:31pm
Hope you're right!
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