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Indonesia Energy Corp Ltd.

3.52

+0.16004.76%

Post-market: 3.530.0100+0.28%19:57 EST

Volume:1.16M

Turnover:4.03M

Market Cap:52.76M

PE:-6.93

High:3.67

Open:3.34

Low:3.25

Close:3.36

52wk High:7.95

52wk Low:2.10

Shares:14.99M

Float Shares:9.05M

Volume Ratio:0.73

T/O Rate:12.82%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.5078

EPS(LYR):-0.5517

ROE:-40.39%

ROA:-18.92%

PB:2.41

PE(LYR):-6.38

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News

Indonesia Energy Corporation Showcases Growth Plans and Exploration Success in Latest Corporate Presentation

Indonesia Energy Corporation to Present Updates at DealFlow Discovery Conference

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The company highlighted the successful drilling of four oil discoveries and one gas discovery in the Kruh Block, where a recent five-year extension has resulted in improved contract terms, including a 100% increase in profit oil, a 40% increase in reserves, and a nearly 300% increase in net cash flow. For 2025-2026, Indonesia Energy Corporation has completed a 29 sq km 3D seismic program in the Kruh Block and plans to commence new drilling operations in the first quarter of 2026. The Kruh Block, which is currently producing from only one out of seven structures, averaged 124 barrels of oil per day in 2024. The company also operates the Citarum Block, a 195,000-acre asset with significant natural gas potential located 16 miles from Jakarta. 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President Frank Ingriselli is scheduled to provide updates on the company's current drilling operations at the Kruh Block and share other recent developments.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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