Indonesia Energy completes rig setup and safety checks, on track to start drilling at Kruh Block in June 2026

Indonesia Energy Corporation has successfully completed the rig setup and safety checks for its Kruh Block drilling project in Indonesia. The company is on schedule to begin drilling the first of two planned wells, K-29, by late June 2026, with government inspection and final crew hiring underway. This progress positions IEC well amid high global oil prices and geopolitical tensions, aiming to maximize investment returns and shareholder value. Following K-29, drilling at the WK-5 well will commence as part of the ongoing program.