2.42
-2.02%
Close of 9 Nov 2026, in USD
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About Indonesia Energy Corp
Its shares trade under the ticker INDO. It has been listed since 19 December 2019. In the fiscal year to 31 December 2025, it reported revenue of $2.0m and a net loss of $5.1m. At that date it held total assets of $22.8m and shareholders' equity of $19.7m.
Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration and production company. The company is headquartered in Jakarta, Dki Jakarta. The company went IPO on 2019-12-19. The company is an oil and gas exploration and production company focused on conducting all of its business through its direct and indirect wholly-owned operating subsidiaries in Indonesia. The firm holds two oil and gas assets through its operating subsidiarie: 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 258 square kilometers (km2) (63,753 acres) and is located 25 km northwest of Pendopo, Pali, South Sumatra. This block produces an average of about 9,900 barrels of oil per month (gross). Its Citarum Block is an exploration block covering an area of 3,924.67 square kilometers (km2) (969,807 acres) and is operated under a Production Sharing Contract (PSC).
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 19 Dec 2019
- Employees
- 39
- Website
- indo-energy.com ↗
- Head office
- JL. RAYA PASAR MINGGU NO. 17A, JAKARTA SELATAN, K8, 12780
- Incorporated in
- E9
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer
Leadership
Pay as last reported
- Dr. Wirawan JusufChairman of the Board, Chief Executive Officer, Co-Founder$297,000
- Mr. Frank IngriselliPresident$150,000
- Mr. James HuangCo-Founder, Chief Investment Officer, Director$240,000
- Mr. Gregory OverholtzerChief Financial Officer$80,000
- Dr. Chia Hsin WuChief Operating Officer$204,000
- Mr. Mirza SaidChief Business Development Officer, Director, since 2018$204,000
- Mr. Benny DharmawanIndependent Director
- Mr. Mochtar HusseinIndependent Director
- Mr. Tamba HutapeaIndependent Director
- Mr. Michael PetersonIndependent Director
- Mr. Mj ClyburnInvestor Relations, since 2022
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Established presence in the Indonesian energy sector.
- Diversified portfolio of energy assets, including coal and oil.
- Strong relationships with key stakeholders, including government agencies and local communities.
Weaknesses
- Dependence on fossil fuel resources, making the company vulnerable to price volatility and environmental concerns.
- Limited investment in renewable energy sources, hindering the company's ability to adapt to changing market trends.
- Relatively small scale compared to some competitors, resulting in lower bargaining power and potential difficulties in expanding operations.
Opportunities
- Growing demand for energy in Indonesia, driven by population growth and economic development.
- Government initiatives to increase renewable energy usage and reduce reliance on fossil fuels, presenting opportunities for diversification.
- Potential partnerships with international renewable energy firms to access advanced technologies and expertise.
Threats
- Intense competition in the energy sector, both from local and international companies.
- Changing regulatory landscape, with potential policy shifts impacting the company's operations and profitability.
- Increasing public pressure and awareness regarding environmental issues, leading to scrutiny and potential reputational risks for the company.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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