Indonesia Energy announce pre-drilling progress on next two wells at Kruh Block

Indonesia Energy (INDO) announced pre-drilling progress on its planned next two wells at IEC’s Kruh Block. IEC remains on target to commence drilling at the first of these new wells before the end of this first quarter of 2026. The wells are expected to be drilled on a back-to-back basis. Drilling pads for the next 2 wells have been constructed for the K-29 well and delivered for the WK-5 well. Drilling pipe and drill bits and wellheads have been delivered. The drilling rig has been selected and is currently under inspection.