Indonesia Energy Reports Progress on its Next Two New Wells at Kruh Block, Where Pre-Drilling Operations Have Commenced

JAKARTA, INDONESIA AND DANVILLE, CA, March 23, 2026 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced pre-drilling progress on its planned next two (2) wells at IEC’s Kruh Block. IEC expects to commence drilling at the first of these new wells within approximately the next 60 days. The wells are expected to be drilled on a back-to-back basis. This progress comes at an auspicious time for IEC ...