STOCK TITAN

Indonesia Energy Corporation Participates in Noble Capital Markets Video Interview

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Indonesia Energy Corporation (NYSE American: INDO) has participated in a pre-recorded interview with Noble Capital Markets, providing updates on its drilling program at the Kruh Block. President Frank Ingriselli discussed current drilling progress and upcoming milestones, along with exploration plans for the gas-prone Citarum Block. This interview was recorded on May 26, 2021, and is available for viewing on Channelchek. The company's assets include the 63,000-acre Kruh Block on Sumatra and the 1,000,000-acre Citarum Block on Java. For more details, visit www.indo-energy.com.

Positive
  • Engaged in a pre-recorded interview to discuss drilling updates, enhancing investor relations.
  • Promising exploration plans for the Citarum Block, potentially leading to future growth.
Negative
  • No specific financial metrics or results provided, leaving uncertainty about current performance.

President Frank Ingriselli Provides Updates on IEC's New Drilling Program at Kruh Block and Anticipated Milestones for IEC

JAKARTA, INDONESIA AND DANVILLE, CA / ACCESSWIRE / June 3, 2021 / Indonesia Energy Corporation (NYSE American:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced their participation in a pre-recorded Noble Capital Markets' C-Suite Interview Series, presented by Channelchek.

Indonesia Energy President Frank Ingriselli sat down with Noble Capital Markets Senior Research Analyst Michael Heim for this exclusive interview.

The interview was recorded on May 26, 2021, and is available now on Channelchek. at the following link: https://www.channelchek.com/channelcast-detail/230

Topics covered include an update on the current drilling progress at IEC's Kruh Block and anticipated upcoming milestones for Kruh Block, as well as expectations for exploration and drilling at IEC's gas-prone Citarum Block.

About Indonesia Energy Corporation Limited

Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC's principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com.

Cautionary Statement Regarding Forward-Looking Statements

All statements in this press release and in the interview referenced herein of Indonesia Energy Corporation Limited ("IEC") and its representatives and partners that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts"). In particular, when used in the preceding discussion, the words "estimates," "believes," "hopes," "expects," "intends," "on-track", "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the IEC's control, that could cause actual results (including the results of IEC's drilling and exploration activities as discussed in the interview referenced herein) to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors section of the Company's annual report on Form 20-F for the fiscal year ended December 31, 2020 filed on May 17, 2021 with the Securities and Exchange Commission (SEC). Copies are of such documents are available on the SEC's website, www.sec.gov. IEC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:

Frank C. Ingriselli
President, Indonesia Energy Corporation Limited
Frank.Ingriselli@Indo-Energy.com

SOURCE: Indonesia Energy Corporation Limited



View source version on accesswire.com:
https://www.accesswire.com/650251/Indonesia-Energy-Corporation-Participates-in-Noble-Capital-Markets-Video-Interview

FAQ

What updates were provided by Indonesia Energy Corporation regarding their drilling program?

Indonesia Energy Corporation discussed their drilling progress at the Kruh Block and upcoming milestones, including exploration plans for the Citarum Block.

When was the interview regarding the drilling program recorded?

The interview was recorded on May 26, 2021.

Where can I watch the interview mentioned in the press release?

The interview is available for viewing on Channelchek at the following link: https://www.channelchek.com/channelcast-detail/230.

What are the main assets of Indonesia Energy Corporation?

Indonesia Energy Corporation's principal assets include the Kruh Block (63,000 acres) on Sumatra and the Citarum Block (1,000,000 acres) on Java.

What is the significance of the Citarum Block for Indonesia Energy Corporation?

The Citarum Block is considered gas-prone, which could result in significant growth opportunities for the company.

Indonesia Energy Corporation Limited

NYSE:INDO

INDO Rankings

INDO Latest News

INDO Stock Data

36.39M
8.17M
53.26%
0.37%
3.38%
Oil & Gas E&P
Energy
Link
United States of America
Jakarta