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IEC President Frank Ingriselli is set to provide updates on drilling operations at the company's Kruh Block, including progress on two new wells, K-29 and WK-5, during a presentation at the DealFlow Discovery Conference on January 28, 2026. Drilling pads and equipment have been prepared, and drilling is expected to begin by the end of the first quarter of 2026. A new corporate presentation will be available prior to the conference.
01-26 13:00
Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced pre-drilling progress on its planned next two (2) wells at IEC's Kruh Block.IEC
01-09 20:32
Indonesia Energy Corporation (INE) announced progress on its planned drilling of two new wells (K-29 and WK-5) in the Kruh Block, targeting commencement by the end of the first quarter 2026. Drilling infrastructure and equipment are ready, with explosives approved by the Indonesian government. CEO Frank Ingriselli will present updates on these operations at the DealFlow Discovery Conference on January 28, 2026, in Atlantic City.
01-09 12:30
MOU furthers IEC's efforts with Aquila Energia to explore the promotion of sustainable off grid energy solutions for the growing digital economy in Brazil JAKARTA, INDONESIA AND DANVILLE, CA, Oct. 24, 2025 (GLOBE
2025-10-24 19:36
Indonesia Energy Corporation (IEC) and Aguila Energia e Participações Ltda. (AEP) have signed a Memorandum of Understanding (MOU) to explore sustainable off-grid energy solutions in Brazil. The partnership aims to develop two hybrid energy pilot projects integrating solar power and natural gas, targeting data centers with an initial capacity of 10 MW, expandable up to 400 MW. The MOU was signed during the Indonesia-Brazil presidential summit, lev...
2025-10-24 11:30
IEC's President Frank Ingriselli will present at the H.C. Wainwright 27th Annual Global Investment Conference on September 9, 2025, in New York. His presentation will cover IEC’s drilling program in the Kruh Block, development plans for the Citarum Block with over one billion barrels of prospective resources, and efforts to expand exploration activities to Brazil. IEC believes its Indonesian assets will help maximize returns and grow shareholder ...
2025-09-03 20:00
Indonesia Energy Corporation (IEC) has signed a Memorandum of Understanding (MOU) with Aguila Energia e Participações Ltda. (AEP) to explore oil and gas opportunities in Brazil. The partnership combines IEC's energy expertise with AEP's local market knowledge. Brazil's favorable market conditions, including its Oferta Permanente bidding system, attractive valuations for divesting operators, and favorable royalty rates, make it an attractive marke...
2025-08-19 11:30
Indonesia Energy Corporation (IEC) plans to drill two back-to-back wells at its 63,000-acre Kruh Block in Indonesia by year-end 2025, using a 750 horsepower rig. The wells, named Kruh-29 (3,400 ft) and West Kruh-5 (5,200 ft), aim to maximize production following seismic work in 2024-2025. Kruh-29 is expected to start production by year-end, while West Kruh-5 is the first new well in that field. IEC aims to drill a total of 18 wells and reported a...
2025-07-23 11:30
Indonesia Energy, Indaptus Therapeutics, and OceanPal Inc. are the 3Penny...
2025-06-24 22:00