Indonesia Energy Corp Ltd (INDO)

[FACT-MASTER]

Drill Stem Test

https://ih.advfn.com/stock-market/AMEX/indonesia-energy-INDO/stock-news/89771489/indonesia-energy-announces-production-updates-on-k

"For Kruh 28, IEC plans to conduct a drill stem test in the new oil and gas bearing sand at a depth of 1,000 feet depth in January 2023. During drilling of Kruh 28, more than 28% hydrocarbon gas was recorded with composition up to C5 (an indication of the presence of liquid hydrocarbons), suggesting a potential new oil and gas bearing formation. Production from the Kruh 28 well is expected in the first quarter of 2023. As previously announced, IEC unexpectedly found evidence of a potential natural gas bearing reservoir between the 976 and 1,006 feet interval with 30 feet net thickness. This initial evidence was supported by both wireline logging and geologic logging data, and subsequent gas flaring."


Very informative articles and videos on Drill Stem Test (DST)

https://production-technology.org/drill-stem-test-dst-data-attainable/

https://en.wikipedia.org/wiki/Drill_stem_test

INDO mgmt, imo, is employing tactical and strategic methods for oil reservoir analysis, DST coupled with seismic should provide a good base of information. Not sure exactly on how this will effect 2P (and 3P) calculations.