INDONESIA ENERGY CORP LTD
Indonesia Energy Corporation Limited is an independent energy company engaged in the oil and gas business. The Company holds two oil and gas assets through its subsidiaries in Indonesia: The Kruh Block and the Citarum Block. It has also identified a potential third exploration block known as the Rangkas area. The Kruh Block is a producing block covering approximately 258 square kilometers and is located 16 miles northwest of Pendopo, Pali, South Sumatra. Of the eight identified oil-bearing structures, three structures (North Kruh, Kruh, and West Kruh fields) have combined proved developed and undeveloped gross crude oil reserves of approximately 2.06 million barrels (with net crude oil proved reserves of over 1.18 million barrels) and probable undeveloped gross crude oil reserves of over 2.44 million barrels. The block has drilled over four oil discoveries and one gas discovery. The Citarum Block, an exploration block, spans an area of approximately 3,924.67 square kilometers.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Indonesia Energy Corp Ltd's stock with a target price of $10, indicating strong potential for growth.
Financial Health
Indonesia Energy Corp is generating moderate revenue and cash flow but has limited profitability.
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Published: July 21, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Small-cap dynamics
Small market capitalisation can offer growth potential but often brings higher volatility and lower liquidity; trade execution and price swings may be affected.
Indonesia exposure
Provides exposure to Indonesia's energy sector where regulation, local demand and policy shifts can materially influence performance.
Commodity sensitivity
Earnings and cash flow are likely linked to energy commodity cycles; price swings and global demand changes can impact results.
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