Indonesia Energy publishes corporate presentation on Indonesia oil, gas asset portfolio and growth plans

Reuters2026/08/14 15:56

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Indonesia Energy outlined a stepped drilling plan at its Kruh Block, targeting 18 new wells by 2030 to lift output.
Kruh program includes 29 sq. km of 3D seismic completed in 2025; new drilling started in July 2026.
Kruh averaged 124 barrels of oil per day in 2024; first-half 2025 averaged 111; 2023 production costs were USD 32 a barrel.
Proved oil reserves at June 30, 2025 totaled 3,157,779 barrels gross; 3,157,779 included 2,979,070 proved undeveloped.
Citarum Block spans 195,000 acres through July 5, 2048; prior operator invested about USD 40 million, drilling four gas discovery wells.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Indonesia Energy Corporation Ltd. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Indonesia Energy publishes corporate presentation on Indonesia oil, gas asset portfolio and growth plans

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