Indonesia Energy Corporation Limited - Form 6-K Filing

Indonesia Energy Corporation Limited (IEC) has provided an update on its drilling operations at the Kruh Block. The company announced that the rig has been successfully mobilized, lifted, and completed its safety check. Rig setup is also complete and undergoing internal testing. IEC remains on schedule for drilling the first of two planned wells, with the spud date projected for late June 2026. The company has hired most of the required personnel and is nearing completion of the hiring process. Government inspection is anticipated by the end of June 2026. Following the K-29 well, IEC plans to commence drilling at WK-5. The company highlighted the favorable timing due to high global oil prices and expressed confidence in its operational team's ability to manage challenges and advance its strategy. IEC is an oil and gas exploration and production company focused on Indonesia, with principal assets including the Kruh Block and Citarum Block.