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Tuesday, June 14, 2022 9:23:54 PM
We mobilized the drilling rigs to drill 2 back-to-back producing wells, namely the Kruh 27 and Kruh 28 well, at our Kruh Block in March 2022, and on May 12, 2022 we announced the discovery of oil at Kruh 27. We expect Kruh 27 to begin producing oil by the end of May 2022 and plan to commence drilling of the Kruh 28 well immediately thereafter. A third new well at Kruh Block is anticipated to commence drilling in the June-July 2022 timeframe, and likely a fourth new well sometime before the end of 2022. This activity is being funded in part from the net proceeds of our convertible note financing from L1 Capital described below (L1 Capital is the Selling Shareholder named in this prospectus).
https://www.sec.gov/Archives/edgar/data/0001757840/000149315222015725/form-424b4.htm
Recent INDO News
- Indonesia Energy Commences New 3D Seismic Operations at its Kruh Block and Expects to Drill New Production Wells By End of Year • GlobeNewswire Inc. • 06/24/2024 11:30:00 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/03/2024 04:15:09 AM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 05/17/2024 08:02:05 PM
- Indonesia Energy to Present at The Microcap Conference in Atlantic City on January 31 and again on February 1, 2024 • GlobeNewswire Inc. • 01/23/2024 12:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/18/2024 11:01:51 AM
- Senior Executives of Indonesia Energy Take on New Roles and New Board Member Added • GlobeNewswire Inc. • 01/17/2024 12:30:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/03/2024 09:01:27 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/22/2023 09:01:19 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/28/2023 08:01:52 PM
- Indonesia Energy to Present at H.C. Wainwright 25th Annual Global Investment Conference On Tuesday, September 12, 2023 • GlobeNewswire Inc. • 09/08/2023 12:00:00 PM
- Indonesia Energy Announces Five-Year Extension of its Government Contract for Kruh Block • GlobeNewswire Inc. • 09/07/2023 01:11:58 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 07/20/2023 08:01:08 PM
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