indo-energy.comIndonesia Energy Corporation – Integrated Energy Resources Development Company

Toggle navigationOur Executive Team Our Board of Directors Portfolio Management Portfolio Kruh (Sumatra) Citarum (Java) Joint Study – Potential New Block Sustainability Investors Contact English Indonesia’s Premier Emerging Energy Group Welcome to Indonesia Energy Corporation We are an independent energy company engaged in the oil and gas business with operations primarily in Indonesia. Our strategy is to build an oil and gas assets portfolio with an optimum mix between medium-sized producing blocks and exploration blocks with significant potential resources. Our producing asset, Kruh Block , located in Pendopo, South Sumatra province, is a stable and positive cashflow generating oil asset. Our exploration play, Citarum Block , located in the most populated province in Indonesia, only 16 miles south of the capital city of Indonesia, Jakarta, is a de-risked asset with proven presence of hydrocarbons that offers an immense growth opportunity and downstream integration possibilities. We are also conducting a joint study program to acquire an area that we believe to hold large amounts of crude oil due to its proven petroleum system and location on the Northwest Java basin, the Rangkas Area. Our Group Presentation Indonesia Energy Corp (NYSEAMERICAN: INDO) Investor Presentation Corporate Presentation Video Research Reports Kruh This block covers an area of 258 square kilometers (63,753 acres) and is located in the most prolific oil producing island in Indonesia, Sumatra. Kruh Block produced an average of approximately 9,900 barrels of oil per month (gross) in 2018 from 4 wells. The block’s development program, to be initiated in 2020, includes the drilling of 18 development wells that will boost our revenue stream. We also plan to explore Kruh Block’s upside potential, since our reserves comes from only 3 out of the total 8 proved and potentially oil bearing structures. We hold the operatorship of the block until 2030. More ... Citarum This gas prone block covers an area of 3,925 square kilometers (969,807 acres) and is located in West Java, only 16 miles south of the capital city of Indonesia, Jakarta. The geographic location of the block places it within a short distance of the major gas consumption area in Indonesia. This region has a proven petroleum system due to its long history of exploration and production efforts since the 1960’s. The Northwest Java basin, where Citarum Block is located, currently produces approximately 45,000 barrels of oil per day and 450 million standard cubic per day of gas. We hold the operatorship of the block until 2048. More ... Joint Study Program – Rangkas Area Rangkas Area is a high-quality hydrocarbon-bearing area in the onshore West Java, adjacent to our Citarum Block. Reports regarding Rangkas show the discovery of several oil seeps and one gas seep, indicating that the petroleum system in the area is indeed proven. We are currently conducting a Joint Study in the Rangkas Area to assess its petroleum system with the objective of determining its oil and gas potential. More ... Latest News News News Headquarters INDONESIA ENERGY CORPORATION - DEA Tower I, 11th Floor, Suite 1103 - Jl. Mega Kuningan Barat, Kav. E4.3, No.1-2 - Jakarta 12950 – Indonesia Stock Ticker Loading stock data... ©2024 Indonesia Energy Corporation - An integrated energy resources development company engaged in exploring Indonesia’s Oil & Gas sites. This website uses cookies to improve your experience. We’ll assume you’re ok with this, but you can opt-out if you wish. Accept Read More Privacy & Cookies Policy Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on . Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT Log in with your credentials Sign in Remember me Lost your password? Type in the text displayed above Forgot your details? Reset Password I remember my...