Changes come as IEC looks to leverage the exploratory work undertaken in 2023 with a view towards renewing and maximimizing drilling activities in 2024 and beyond JAKARTA, INDONESIA AND DANVILLE, CA, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has made changes and enhanced the effectiveness of its management team and Board of Directors. These changes come as IEC is laser focused on delivering a new and enhanced development program at its currently producing Kruh Block leveraging the previously announced exploratory work done in 2023 as well as to drive t

Experienced energy industry and finance executive to serve as Chairman of IEC's Audit Committee JAKARTA, INDONESIA AND DANVILLE, CA / ACCESSWIRE / January 25, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that the company's Board of Directors has appointed Michael L. Peterson to the Board. Mr. Peterson will serve as an independent Board member and will also serve as the Chairman of the Audit Committee of the Board of Directors. Mr. Peterson has over 30 years of experience in executive management positions in all aspects of the energy industry and finance industries, having served as

Noble Capital Markets upgraded Indonesia Energy from Market Perform to Outperform and set a new price target of $15.00

Noble Capital Markets downgraded Indonesia Energy Corp from Outperform to Underperform

Noble Capital Markets upgraded Indonesia Energy from Market Perform to Outperform and set a new price target of $8.00

Noble Financial downgraded Indonesia Energy from Outperform to Market Perform

Geochemical survey completed confirming gas and oil presence in previous discoveries which will be the target of first well to be drilled by IEC at Citarum JAKARTA, INDONESIA AND DANVILLE, CA, May 29, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced encouraging results from a regional geochemical survey conducted between September 2024 and March 2025 at IEC's 195,000 acre Citarum Block which confirms the prospectivity of the key areas of this important asset. A detailed analysis of 135 soil samples taken from Citarum Block pursuant to an export license granted by the Indonesi

2024 investments in seismic and other work and Kruh contract extension increased reserves at Kruh Block by over 60% JAKARTA, INDONESIA AND DANVILLE, CA, May 27, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today provided an update on IEC's planned drilling activity for the second half of 2025. During 2024, IEC scaled back drilling activity at its Kruh Block asset and invested in seismic and other exploration work intended to maximize the prospects for new drilling. With that work now completed, new drilling is expected to commence at Kruh Block in the second half of 2025, as IEC plans to

Follow IEC's vision through its multi-weekly updates on LinkedIn and its website JAKARTA, INDONESIA AND DANVILLE, CA, May 27, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, issued today a letter to shareholders from the company's senior management outlining IEC's strategic vision and dedication to playing a key role in energy development in Indonesia as well as the country's future in general. You can follow IEC's vision through its multi-weekly updates on LinkedIn or at our website at the following link: https://ir.indo-energy.com/linkedin-updates/ "Dear Fellow Indonesia Energy Sharehold

2024 investments in seismic and other exploration work at Kruh Block set the stage for new drilling in the second half of 2025 JAKARTA, INDONESIA AND DANVILLE, CA, April 30, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it has filed today its annual report on Form 20-F which contains its financial and operating results for the year ended December 31, 2024. Also provided in that report is an update on IEC's planned drilling activity for the second half of 2025. During 2024, IEC curtailed drilling activity at its Kruh Block asset in lieu of investing in seismic and othe

Company to Provide Update on Production, Future Drilling and Development Plans, Including a Planned New Reserve Report and its New Corporate Logo and Investor Relations Outreach JAKARTA, INDONESIA AND DANVILLE, CA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that IEC senior management will hold an investor update conference call today, Tuesday, January 21 at 10:00 AM Eastern Time to provide an update on production, future drilling and development plans, including a new planned reserve report and the unveiling of IEC's new corporate logo and investor relations out

Estimated Ultimate Recovery (EUR) increase of 30% in Kruh Field Webinar Media Interactive Call will be Held on Tuesday, January 21 at 10AM Eastern Time JAKARTA, INDONESIA AND DANVILLE, CA, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that IEC senior management will hold an investor update conference call on Tuesday, January 21 at 10:00 a.m. Eastern Time to provide an update on future drilling and development plans, including a new planned reserve report and the unveiling of IEC's new corporate logo and investor relations outreach program. As a result of the 3-D

President Frank Ingriselli will present on September 10th with Live Weblink and will provide update on development and drilling plans JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced its President, Frank Ingriselli, will be presenting with a live weblink at the H.C. Wainwright 26th Annual Global Investment Conference on Tuesday, September 10 at 3:30PM EST. The in-person venue for the event is the Lotte New York Palace Hotel in New York City. IEC will provide an update on its recently completed 3D seismic program and its anticipat

President Frank Ingriselli Will Present Update on Development and Drilling Plans JAKARTA, INDONESIA AND DANVILLE, CA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced its President, Frank Ingriselli, will be presenting at the H.C. Wainwright 26th Annual Global Investment Conference on Tuesday, September 10 at 3:30PM EST. The in-person venue for the event is the Lotte New York Palace Hotel in New York City. IEC will provide an update on its recently completed 3D seismic program and its anticipated continuous drilling program for its Kruh Block and also an update on p

Citarum Block operations, where natural gas reserves could potentially exceed a billion barrels of oil equivalent, to commence by end of year JAKARTA, INDONESIA AND DANVILLE, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today provided an operational update and announced that it has completed the recording of 29 square kilometers of new 3D seismic at its 63,000 acre Kruh Block. IEC will now commence processing and detailed interpretation of the seismic data to optimize the selection of drilling locations in its Kruh, North Kruh and West Kruh fields. Importantly, IEC anticip

Environmental permits granted at Citarum Block, where natural gas reserves could potentially exceed a billion barrels of oil equivalent JAKARTA, INDONESIA AND DANVILLE, CA, June 24, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today provided an operational update and announced that new 3D seismic exploratory operations at its 63,000 acre Kruh Block have commenced. Importantly, IEC anticipates that the results of this seismic work will allow IEC to drill new production wells at Kruh Block the by the end of 2024. Additionally, IEC announced that key environmental permits have been granted a