Indonesia Energy Corp Ltd (INDO)

[FACT-MASTER]

Kruh 27 is the next well to be drilled on the Kruh Block, and should be in progress, according to the last press release by INDO. (1/26/22)

Here's a bit of a review of Kruh 26 from last September:

https://www.upstreamonline.com/exploration/iec-discovers-oil-onshore-indonesia/2-1-1068208

"IEC said the Kruh 26 well took only 18 days to drill to a total depth of 3376 feet, which is about half the time that was budgeted. Both Kruh 25 and Kruh 26 were drilled under the previously announced budget of US$1.5 million per well.

Additionally, about 111 feet of oil sands were encountered at Kruh 26 between depths of 3100 and 3228 feet. The oil-bearing interval in this onshore well was thicker and larger than had been anticipated meaning the total reserves potential could be larger than pre-drill estimates."