- Indonesia Energy reported that pre-drilling operations have started for two new wells, K-29 and WK-5, at its Kruh Block in Sumatra.
- Drilling at the first well is expected to begin within about 60 days, and the two wells are planned to be drilled back-to-back.
- Construction of drilling pads is complete, and long-lead equipment including drilling pipe and wellheads has been delivered.
- PT Bina Mitra Artha was appointed with the BMA #9 drilling rig, which is en route to the K-29 drilling pad.
- Severe flooding in Sumatra damaged a planned access road, and the company obtained permits to use the main road for rig transport.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Indonesia Energy Corporation Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603230800PRIMZONEFULLFEED9675903) on March 23, 2026, and is solely responsible for the information contained therein.
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