INDONESIA ENERGY CORP LTD (INDO)

Company Profile

Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration, and production company. The company is headquartered in Jakarta, Dki Jakarta and currently employs 30 full-time employees. The company went IPO on 2019-12-19. The firm holds two oil and gas assets through its subsidiaries in Indonesia: Kruh block and Citarum block. The firm 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.

Company Info

INDONESIA ENERGY CORP LTD

Dea Tower I, 11Th Floor, Suite 1103, Mega Kuningan

Jakarta DKI JAKARTA 12950

P: 62215768888

CEO: Wirawan Jusuf

Employees: 30

Website: http://indo-energy.com/