Indonesia Energy Signs Memorandum of Understanding with Brazilian Energy Company To Explore Energy Opportunities in Brazil

Collaboration effort represents IEC’s first steps to evaluate expansion beyond Indonesia 

JAKARTA, INDONESIA AND DANVILLE, CA, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on high-growth energy assets, today announced that it has signed a Memorandum of Understanding (MOU) dated August 18, 2025 with Aguila Energia e Participações Ltda. (“AEP”), an affiliate of Rio de Janeiro–based investment firm Aguila Capital, led by energy executive Blener Mayhew.

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