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Home/News Feed/Indonesia Energy completes rig setup and safety checks, on track to start drilling at Kruh Block in June 2026
INDO
$2.66
-$0.22 -7.64%

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

Market News
10 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

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.

More News (INDO)

Indonesia Energy to update on K-29 well drilling progress at Planet MicroCap Conference June 17

Indonesia Energy to update on K-29 well drilling progress at Planet MicroCap Conference June 17

Indonesia Energy Corporation's President Frank Ingriselli will present an update on the drilling of the K-29 well at the Kruh Block during the Planet MicroCap Conference on June 17, 2026. The company has commenced pre-drilling operations and remains ...

Market News
Bullish
18 hours ago
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