Likes Subject
Base stock price, imo should be in the FACT-MASTER 10/25/22 3:14 PM
Presentation next Wednesday October 26/22 in Los Angeles: FACT-MASTER 10/21/22 10:20 PM
Kruh 28 also has a potentially significant new FACT-MASTER 10/20/22 8:49 AM
NEWS OUT!! FACT-MASTER 10/20/22 8:47 AM
Positive announcement from OPEC,imo: FACT-MASTER 10/05/22 6:41 PM
Was that this morning? FACT-MASTER 10/05/22 5:20 PM
Why the halt?? tortiello 10/05/22 10:20 AM
Could be as early as this week: FACT-MASTER 10/02/22 8:59 PM
OPEC to cut production: jerrybrockman 09/29/22 9:01 PM
https://www.sec.gov/Archives/edgar/data/1757840/000149315222027161/ex99-1.htm "Subsequent FACT-MASTER 09/29/22 8:48 PM
https://quantisnow.com/insight/3474068 FACT-MASTER 09/29/22 8:47 PM
VOLUME ALERT!! FACT-MASTER 09/29/22 3:24 PM
June 28/22 INDO Power Point Presentation for review. FACT-MASTER 09/14/22 7:49 PM
Uptick in volume the past few days. FACT-MASTER 09/14/22 7:35 PM
We going up next week !!!! ATVrider 09/04/22 3:51 PM
Dependence on Oil and natural gas will be StockLogistics 08/31/22 7:49 AM
4.58 gap fill close when the 100 SMA StockLogistics 08/31/22 7:33 AM
Agree 100% - diamond opportunity here with excellent management. FACT-MASTER 08/24/22 8:11 AM
--> Super low free float - around 3-4M. Putzi 08/24/22 6:19 AM
Your welcome friend, FACT-MASTER 08/24/22 1:21 AM
INTERESTING INFO THX G2G 08/23/22 7:57 PM
Update COP Indonesia: FACT-MASTER 08/23/22 7:26 PM
#INDO?? With OIL price rising can you da_stock_analyst 08/23/22 6:44 PM
G2G, i luv thet name Billy Banker chee BEIJING BILL 08/23/22 1:59 PM
CONGRAT$$$$$$$$$$ BILLY BANKER G2G 08/23/22 11:45 AM
until ve meet agin for the next play :0 BEIJING BILL 08/23/22 11:27 AM
$12 being attacked by fire breathing dragons chee BEIJING BILL 08/23/22 11:26 AM
Should of could have rode houses money..lol ….Happy tw0122 08/23/22 11:22 AM
Squezeeee em ATVrider 08/23/22 10:15 AM
$11 now chee chee cheeee BEIJING BILL 08/23/22 10:10 AM
Thanks bought $8s yesterday sold high $9s this tw0122 08/23/22 10:05 AM
$10 !!! BEIJING BILL 08/23/22 9:51 AM
$9.50 chee chee cheee, black gold!!! BEIJING BILL 08/23/22 9:37 AM
$9 chee chee cheee follow the $$$$$, here BEIJING BILL 08/23/22 9:34 AM
INDO @ 8.76 > NAT GAS > crudeoil24 08/23/22 7:13 AM
Rookin Good~! G2G 08/22/22 9:26 PM
INDO back in play setting up nicely for ATVrider 08/22/22 12:58 PM
Nice activity here this week. FACT-MASTER 08/19/22 9:07 PM
Oil in play again .. up 40% BEIJING BILL 08/18/22 10:41 AM
In 2019 Repsol claimed to discover 2T cubic FACT-MASTER 08/07/22 6:20 PM
Kruh 27 FACT-MASTER 08/01/22 8:54 PM
Possible explanation: FACT-MASTER 08/01/22 7:42 PM
Kruh 28 FACT-MASTER 08/01/22 7:39 PM
Review Kruh 27 FACT-MASTER 08/01/22 7:36 PM
COP would be a great fit. imo FACT-MASTER 07/22/22 5:41 PM
USE OF PROCEEDS FACT-MASTER 07/22/22 5:40 PM
Likely that more money is needed for further FACT-MASTER 07/22/22 5:38 PM
https://ih.advfn.com/stock-market/AMEX/indonesia-energy-INDO/stock-news/88657171 FACT-MASTER 07/22/22 5:37 PM
https://ih.advfn.com/stock-market/AMEX/indonesia-energy-INDO/stock-news/88657182 FACT-MASTER 07/22/22 5:36 PM
Repsol and COP also in the area. FACT-MASTER 07/19/22 8:44 PM
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FACT-MASTER
10/25/22 3:14 PM
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FACT-MASTER
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10/05/22 6:41 PM
FACT-MASTER
10/05/22 5:20 PM
tortiello
10/05/22 10:20 AM
FACT-MASTER
10/02/22 8:59 PM
jerrybrockman
09/29/22 9:01 PM
FACT-MASTER
09/29/22 8:47 PM
FACT-MASTER
09/29/22 3:24 PM
FACT-MASTER
09/14/22 7:35 PM
ATVrider
09/04/22 3:51 PM
StockLogistics
08/31/22 7:49 AM
StockLogistics
08/31/22 7:33 AM
FACT-MASTER
08/24/22 1:21 AM
G2G
08/23/22 7:57 PM
FACT-MASTER
08/23/22 7:26 PM
da_stock_analyst
08/23/22 6:44 PM
BEIJING BILL
08/23/22 1:59 PM
G2G
08/23/22 11:45 AM
BEIJING BILL
08/23/22 11:27 AM
BEIJING BILL
08/23/22 11:26 AM
ATVrider
08/23/22 10:15 AM
BEIJING BILL
08/23/22 10:10 AM
BEIJING BILL
08/23/22 9:51 AM
BEIJING BILL
08/23/22 9:37 AM
BEIJING BILL
08/23/22 9:34 AM
crudeoil24
08/23/22 7:13 AM
G2G
08/22/22 9:26 PM
ATVrider
08/22/22 12:58 PM
FACT-MASTER
08/19/22 9:07 PM
BEIJING BILL
08/18/22 10:41 AM
FACT-MASTER
08/07/22 6:20 PM
FACT-MASTER
08/01/22 8:54 PM
FACT-MASTER
08/01/22 7:42 PM
FACT-MASTER
08/01/22 7:39 PM
FACT-MASTER
08/01/22 7:36 PM
FACT-MASTER
07/22/22 5:41 PM
FACT-MASTER
07/22/22 5:40 PM
FACT-MASTER
07/22/22 5:38 PM
FACT-MASTER
07/19/22 8:44 PM

Indonesia Energy (INDO)

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Created
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COMPANY DESCRIPTION

REPORT-2022
 http://stonegateinc.com/reports/INDO%20Feb2022.pdf

Indonesia Energy Corporation Limited (IEC), through its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. It holds 100% interests in the Kruh Block, a producing block covering an area of 63,753 acres with net crude oil proved reserves of 1.98 million barrels located to the northwest of Pendopo, Pali, South Sumatra. The Company's. Citarum Block is an exploration block covering an area of 969,807 acres located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia and has a representative office in Danville, CA.

Stable cash flow generating property - The Company's Kruh Block is an onshore, producing block covering an area of 63,753 acres with net crude oil proved reserves of 1.98 million barrels. The block produced an average of 200 BOPD in 2020 with average production costs of $21.34 per barrel of oil.

Drilling program points to further growth - IEC's short-to-medium term objectives for the Kruh Block entails (1) optimizing the block's upside potential to increase reserve value, (2) increase production within the next 4 years with 18 new wells, and (3) generate free cash flow and increase IEC's value. To this end, IEC launched a reserve  development plan that will see it drill 3 new wells in 2021 followed by 3 wells in 2022, 6 wells in 2023 and 3 wells in 2024. Each well is expected to cost ~ $1.5M and once all 18 wells are completed, IEC is targeting $264M in future net revenue.

ibox DD 
credit MoneyMade 

VIDEO
https://vimeo.com/405613079/3027b9f87d

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