Core Viewpoint - Indonesia Energy Corporation (IEC) plans to drill two back-to-back wells at the Kruh Block, part of a broader strategy to drill a total of 18 wells in the coming years, aiming to maximize production and shareholder value [1][2]. Group 1: Drilling Plans - IEC will commence drilling two wells, designated "Kruh-29" and "West Kruh-5," in the fourth quarter of 2025 [4]. - The planned total depth for Kruh-29 is 3,400 feet, while West Kruh-5 is set at 5,200 feet, marking the first new well drilling activity in the West Kruh Field [4]. - A 750 horsepower drilling rig is currently undergoing final inspection to support these activities [4]. Group 2: Seismic Work and Reserves - Previous exploratory seismic work conducted in 2024 and early 2025 has upgraded IEC's wellsite prospects, leading to a 60% increase in proved gross reserves at the Kruh Block [2]. - The company has invested heavily in seismic work to guide future drilling efforts, with expectations of significant reserve increases if the upcoming wells yield positive results [2]. Group 3: Regulatory and Logistical Preparations - Surface locations and subsurface geology for both wells have received approval from Indonesian government entities SKK Migas and Pertamina [4]. - For Kruh-29, all necessary land acquisition, logistics, and tubular material procurement have been completed, while tender documents for West Kruh-5's required third-party vendors are being prepared [4].