Welcome to our dedicated page for Indonesia Energy news (Ticker: INDO), a resource for investors and traders seeking the latest updates and insights on Indonesia Energy stock.
Indonesia Energy Corporation Limited reports operational developments for its oil and gas exploration and production business focused on Indonesia. Recurring updates center on the Kruh Block, including drilling preparations, well-site activity, equipment procurement and production-related planning, along with development commentary for the Citarum Block.
Company news also covers investor-conference presentations, exposure to global oil-price conditions, and energy-opportunity evaluations outside Indonesia. INDO's updates generally connect field activity, asset development and capital-market communication for an independent energy company with revenue tied to oil and gas sales.
Indonesia Energy (NYSE American: INDO) will present at the Market Movers Investor Summit on May 5, 2026 at 1:20 p.m. ET. President Frank Ingriselli will update on operations at the 63,000-acre Kruh Block and two new wells, K-29 and WK-5.
Pre-drilling work has commenced: drilling pads are built, pipe, bits and wellheads delivered, a rig has been selected and inspected, and rig BMA #9 is en route, with drilling expected before the end of next month.
Indonesia Energy (NYSE American: INDO) reports pre-drilling progress for two planned wells (K-29 and WK-5) on its 64,000-acre Kruh Block. Drilling pads are built, long-lead equipment delivered, and rig BMA #9 has been selected and inspected.
IEC expects to start drilling the first well within approximately 60 days and says permits were secured after delays from severe Sumatra flooding destroyed the planned access road.
Indonesia Energy (NYSE American: INDO) announced its President Frank Ingriselli will present on January 28, 2026 at the DealFlow Discovery Conference in Atlantic City, New Jersey.
Mr. Ingriselli will provide updates on IEC’s drilling operations at the 63,000-acre Kruh Block, where pre-drilling operations have commenced for two new back-to-back wells (K-29 and WK-5). Drilling pads are constructed and drilling pipe, drill bits and wellheads have been delivered. The company remains on target to commence drilling both wells before the end of Q1 2026. An updated corporate presentation will be available on the company website prior to the conference.
Indonesia Energy (NYSE: INDO) reported pre-drilling progress for two planned wells (K-29 and WK-5) on its 64,000-acre Kruh Block in Sumatra and said it remains on target to begin drilling the first well before the end of Q1 2026.
Key operational milestones include constructed drilling pads for K-29, delivered pad components for WK-5, delivery of drilling pipe, drill bits and wellheads, selection of a drilling rig now under inspection, and approved procurement and transport of government-controlled drilling explosives to a designated warehouse. The company will present an update at the DealFlow Discovery Conference on January 28, 2026.
Indonesia Energy Corporation (NYSE: INDO) signed a Memorandum of Understanding on October 24, 2025 with Aguila Energia e Participações Ltda (AEP) during the state visit between the presidents of Indonesia and Brazil.
The MOU creates a cooperative, non-binding framework to jointly identify and pursue opportunities to develop two hybrid off-grid pilot projects in Northeast Brazil integrating solar power and natural gas. Each pilot could start at 10 MW initial capacity with potential expansion up to 400 MW. The agreement follows an earlier August 2025 non-binding MOU and aims to combine IEC’s oil and gas and capital markets experience with AEP’s local transaction and regulatory capabilities to explore state-funded and other financing sources.
Indonesia Energy Corporation (NYSE American: INDO) announced during the H.C. Wainwright Global Investment Conference that operations have commenced for the first of two planned wells at its Kruh Block. The company has completed construction of the drilling pad for the K-29 well and delivered drilling pipe to the site.
The development is taking place on IEC's 63,000-acre Kruh Block in Indonesia. The company is currently awaiting government approvals for tender offers related to the drilling rig and other major components before drilling can begin.
Indonesia Energy Corporation (NYSE American: INDO) announced its participation in the H.C. Wainwright 27th Annual Global Investment Conference. President Frank Ingriselli will present on September 9, 2025, at 12:00 PM EST at the Lotte New York Palace Hotel in New York City.
The presentation will cover updates on IEC's drilling program for the Kruh Block, development operations for the Citarum Block (with over 1 billion barrels of prospective oil-equivalent resources), and the company's expansion plans into Brazil through a memorandum of understanding with Aguila Energia e Participações Ltd. The presentation will be available for replay on IEC's investor relations website.
Indonesia Energy Corporation (NYSE American: INDO) has signed a non-binding Memorandum of Understanding (MOU) with Brazil's Aguila Energia e Participações Ltda. (AEP) to explore energy opportunities in Brazil. This marks IEC's first expansion initiative beyond Indonesia.
The collaboration combines IEC's oil and gas expertise with AEP's local Brazilian market knowledge to identify and pursue energy assets across upstream and downstream segments. The partnership comes as IEC prepares to drill two back-to-back wells in its Kruh Block in Indonesia during Q4 2025, following successful seismic work that led to a 60% increase in proved gross reserves in May 2025.
Indonesia Energy Corporation (NYSE American: INDO) has announced plans to drill two new wells at its 63,000-acre Kruh Block in Q4 2025. The drilling program includes the Kruh-29 well with a planned depth of 3,400 ft and West Kruh-5 well with a planned depth of 5,200 ft, marking IEC's first drilling activity in West Kruh Field.
The drilling operations will utilize a 750 horsepower rig and follow extensive seismic work conducted during 2024-2025. The company expects to begin production from Kruh-29 by year-end 2025. Notably, IEC reported a 60% increase in proved gross reserves in May 2025, following investments in Kruh Block and 3D seismic work.
These wells are part of IEC's larger strategy to drill 18 total wells at Kruh Block in the coming years.
Indonesia Energy Corporation (NYSE: INDO) has announced positive results from a regional geochemical survey conducted at its 195,000-acre Citarum Block between September 2024 and March 2025. The analysis of 135 soil samples confirmed hydrocarbon presence in the Pasundan-1 well, Jatayu-1 well, and Jonggol area.
The findings may allow IEC to skip additional seismic work and proceed directly to drilling. Under the "gross split" agreement with the Indonesian government, IEC will be entitled to at least 65% of natural gas production. The company's first well will be classified as an "exploitation" well, enabling immediate production and commercialization of discovered resources. The Citarum Block reportedly has prospective oil-equivalent resources of over one billion barrels.