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INDO

Indonesia Energy Corporation Limited

Industry

Oil & Gas Exploration & Production

Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.

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Riot Platforms, Inc. (RIOT) shares rose by 5.3% in pre-market trading, influenced by a 1.5% increase in Bitcoin prices. Other stocks also showed significant movement in pre-market trading, with notable gainers including Complete Solaria, Inc. (CSLR) and The OLB Group, Inc. (OLB), among others. Conversely, Vaxxinity, Inc. (VAXX) and Mingteng International Corporation Inc. (MTEN) were among the pre-market losers.

Portfolio Pulse from Avi Kapoor

April 22, 2024 | 9:23 am

Indonesia Energy Corp has filed for a mixed shelf offering of up to $50M according to an SEC filing. This move allows the company to potentially raise capital by issuing various types of securities.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 8:07 pm

Indonesia Energy Corporation (INDO) has extended its Kruh Block contract with Pertamina for an additional five years.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 1:15 pm

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