Indonesia Energy Corp Ltd (INDO) Form 6-K — May 28, 2026
Indonesia Energy Corporation Limited (INDO) announced that rig mobilization is complete for the K-29 well, the first of two planned wells at its 64,000-acre Kruh Block in 2026. The rig has been successfully set up at the wellsite, marking a critical operational milestone despite recent industry-wide challenges including flooding and fuel shortages in Indonesia. The company estimates that spudding (start of drilling) for the K-29 well will occur in late June 2026, following government inspections and function testing. Following the K-29 well, IEC plans to commence drilling activities at the WK-5 well as part of its broader Kruh Block drilling program.
Key figures
- Next well
- WK-5
- Block acres
- 64,000
- Current well
- K-29
- Planned wells 2026
- 2
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.