Indonesia Energy Webinar Interactive Conference Call to be held Today, January 21 at 10AM Eastern Time.

Core Viewpoint - Indonesia Energy Corporation (IEC) is set to provide an update on its production, future drilling, and development plans, including a new reserve report and a new corporate logo during an investor update conference call on January 21, 2025 [1][2]. Group 1: Production and Development Plans - IEC will discuss the completion of its 3D seismic program and current drilling plans for the Kruh Block, which is expected to see a significant increase in proved reserves by over 40% due to a recent contract extension with the Indonesian government [2][4]. - The Citarum Block, which has prospective oil-equivalent resources exceeding one billion barrels, will also be a focus, with plans for development operations moving forward in 2025 [5]. Group 2: Financial and Economic Improvements - The recent contract extension has increased IEC's after-tax profit split from 15% to 35%, representing an increase of more than 100%, which is expected to enhance the company's economic position [4]. - The company anticipates that the extended term of the Kruh contract will contribute positively to its overall reserves and financial outlook [4]. Group 3: Corporate Communication - The investor update will be conducted as a media and video interactive Zoom webinar, including a question-and-answer session to engage with shareholders and the investment community [3]. - IEC's new corporate logo and investor relations outreach program will also be unveiled during the call, indicating a strategic shift in its branding and communication efforts [1].