Indonesia Energy obtains permits to begin Kruh block drilling
March 4, 2021
Indonesia Energy Corp. Ltd. received necessary permits that will allow it to advance 2021 drilling plans in its 63,000-acre Kruh block onshore Sumatra.
Drill site preparations are completed and supporting services are in progress. Mobilization of the drilling rig is expected within the next 5 days and the first well is expected to begin drilling within 30 days. The company plans to drill 3 back-to-back wells as part of an overall plan to drill 5 wells in 2021, 6 wells in 2022, and 7 wells in 2023.
The company also has completed and provided to the government of Indonesia two geological and geophysical studies each covering both the Kruh block and the Citarum block. Additional prospects have been identified in the 1,000,000-acre Citarum block on the island of Java.