EXPLORATION

Indonesia Energy Corp prepares to spud multiple wells

NYSE-listed Indonesia Energy Corporation told shareholders overnight it had begun pre-drilling operations at its production asset, the Kruh Block, and its exploration asset, the Citarum Block, onshore Sumatra, Indonesia.

Indonesia Energy Corp prepares to spud multiple wells

  The little-known explorer and producer plans to drill four new production wells at its Kruh Block oil field over the next 12 months. It then hopes to drill a further six wells in 2022 and another...

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