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FACT-MASTER

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FACT-MASTER

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Wednesday, 06/15/2022 5:18:00 PM

Wednesday, June 15, 2022 5:18:00 PM

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INDO Power Point Presentation June 8/22

https://ir.indo-energy.com/wp-content/uploads/2022/06/INDONESIA_ENERGY_Investor_Presentation_June_8-2022.pdf

A Commitment to Driving Results
•Drill Approximately 4 producing Wells on Kruh Block by end of 2022
•Initial Production from each Well Estimated at 100 BOPD
•Company Goal to be Cash Flow Positive in 2022
•Conduct Appraisal & Development Activities on 1 Million Acre De-Risked Citarum Block to Unlock Resource Value
•Maintain Strong Balance Sheet to Offset Commodity Cyclicality
•Fund E&P Activities with Free Cash Flow, Moderate use of Debt and Equity
•Focus on Validating the Reserves of our Blocks to Provide Visible Growth Trajectory
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