Indonesia Energy Corporation announced plans to drill two back-to-back wells on its 63,000-acre Kruh Block. Drilling is scheduled to commence in the fourth quarter of 2025.
These new drilling activities are supported by exploratory seismic work undertaken by IEC during 2024 and early 2025. This seismic work upgraded wellsite prospects and drilling locations to maximize production.
Frank Ingriselli, IEC's President, stated that government permits and necessary contractors are lining up for the drilling commencement. The company hopes for a significant increase in reserves if results from these wells are positive, as part of a plan to drill 18 new wells at Kruh.
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