Plutux
$3.02
-2.89%
2026-09-04 09:45:07 EDT-$0.09
Energy
Oil & Gas Exploration & Production
AMEX
Active Trading

Indonesia Energy Corporation Limited is an oil and gas exploration and production company operating within Indonesia. Its assets include a stake in ...

Price Action

$3.02
-2.89%-$0.09
High
Low
52W High-64.5%
Rel. vol
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VolumeSMA5SMA10
Indonesia Energy Corporation Limited (INDO) is an independent energy company engaged in oil and gas exploration and production with operations primarily in Indonesia. The company’s portfolio includes producing and exploration assets that are geographically concentrated within Indonesia, supporting a strategy centered on identifying, developing, and monetizing hydrocarbon reserves. A key ...Indonesia Energy Corporation Limited (INDO) is an independent energy company engaged in oil and gas exploration and production with operations primarily in Indonesia. The company’s portfolio includes producing and exploration assets that are geographically concentrated within Indonesia, supporting a strategy centered on identifying, developing, and monetizing hydrocarbon reserves. A key producing asset referenced in its company description is the Kruh Block, located northwest of Pendopo, Pali in South Sumatra. This block covers approximately 258 square kilometers and includes proven net crude oil reserves (reported as 1.52 million barrels of proven net crude oil reserves). Alongside this, the company holds an interest in the Citarum Block, an onshore exploration area in West Java spanning 3,924.67 square kilometers. Together, these assets indicate a mix of near-term production potential (Kruh) and longer-horizon exploration and appraisal activity (Citarum), which can influence development timelines and capital requirements. Corporately, the company is described as operating as a subsidiary of Maderic Holding Limited, and it was established/incorporated in 2018, with headquarters in Jakarta, Indonesia. Leadership is centered on Dr. Wirawan Jusuf, who is described as a co-founder and Chairman & Chief Executive Officer, reflecting founder-led governance. From a market/financial snapshot perspective (as provided), INDO trades with a relatively small market capitalization (tens of millions of USD) and has displayed profitability pressures in trailing metrics (e.g., negative return on assets and negative operating/net profit margins in the provided dataset). The same snapshot includes valuation and balance-sheet indicators such as a current ratio above 5, suggesting liquidity strength in the near term, while several cash-flow and margin-related fields were reported as zero or negative, consistent with challenging earnings performance during the measured period. Operationally, the company employs a relatively small workforce (39 full-time employees), which is typical for early-stage or asset-concentrated upstream operators, where activities may be supported by contractors and field/service partners. Overall, INDO’s business model is oriented around upstream hydrocarbon value creation: securing and developing reserves, executing production operations, and advancing exploration work to expand the resource base. The company’s results and future trajectory are likely to depend on successful field development at producing assets, progress in exploration on additional acreage, commodity price conditions, and effective management of operating and capital expenditures.
Founded
2018
Employees
39
CEO
Wirawan Jusuf
Full Name
Indonesia Energy Corporation Limited
Sector
Energy
Industry
Oil & Gas Exploration & Production
ROE
-24.52%
Market Cap
$0.05B
Current Ratio
5.13
WACC
5.45%
ROIC
-31.45%

Contact Information

62 21 576 8888
GIESMART PLAZA, Jakarta, JK 12780

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