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INDO - Indonesia Energy Corporation Limited

Analyst Upgrade Signal for 06-24-2022
Analyst Upgrade Signal: INDO from Market Perform to Outperform by Noble Capital Markets
Price Target: $15



Stock Signal Information


Signal

Analyst Upgrade Stock
Report Date: 06-24-2022
Symbol: INDO - Indonesia Energy Corporation Limited
Sector: Energy
Industry: Oil & Gas E&P
Analyst Upgrade Signal: INDO from Market Perform to Outperform by Noble Capital Markets
Price Target: $15

  INDO Technical Chart

Company Contact

Indonesia Energy Corporation Limited (INDO)
Dea Tower I, 11Th Floor, Suite 1103, Mega Kuningan
JAKARTA, DKI JAKARTA 12950
Phone: 62215768888
Website: https://www.indo-energy.com
CEO: Dr. Wirawan Jusuf


Company Profile

Indonesia Energy Corporation Limited, through its subsidiaries, operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 2.63 million barrels located to the northwest of Pendopo, Pali, and South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holdings Limited.