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FACT-MASTER

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FACT-MASTER

Re: None

Tuesday, 10/25/2022 3:14:00 PM

Tuesday, October 25, 2022 3:14:00 PM

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Base stock price, imo should be in the double digits ( $10 min.)

Considering what we have here:

Kruh Block - 63,753 acres - ongoing seismic work - possible upgrade in 2P resources.
Production - not sure, maybe 500 BOPD

Citarum Block - 969,807 acres - potential billion barrel equivalent oil field - natural gas.

Rangkas - potential additional 981,008 acres adjacent to Citarum.

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