INDO Stock Analysis
IN
Uncovered
Indonesia Energy Corp Ltd is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration, and production company. The company is headquartered in Jakarta, Dki Jakarta and currently employs 28 full-time employees. The company went IPO on 2019-12-19. The firm is an oil and gas exploration and production company focused on Indonesia. The firm holds two oil and gas assets through its operating subsidiaries: Kruh Block, which is a producing block; and Citarum Block, which is an exploration block. The firm through its Indonesian subsidiary PT Green World Nusantara (GWN) operates Kruh Block. The block covers an area of approximately 258 square kilometers (km2) (63,753 acres) and is located 25-kilometer (km) northwest of Pendopo, Pali, South Sumatra. This block produces an average of about 5,053 barrels of oil per month (gross). The Company’s Citarum Block is an exploration block covering an area of 3,924.67 square kilometers (km2) (969,807 acres) and is located in West Java, approximately 25 km south of the capital city of Indonesia, Jakarta. Its Citarum Block is operated under a Production Sharing Contract (PSC).