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Energy

Indonesia Energy Commences Drilling At Its K-29 Well

Jul 27, 2026 · 07:34 AM ET· updated 4h ago

Indonesia Energy Corporation (NYSE:INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that on Saturday, July 25, 2026, its "K-29" well was spudded and

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Why It Matters

Indonesia Energy started drilling a new oil well called K-29, which is an important step to try finding more oil. When companies drill new wells, it shows they believe they can find valuable resources, so it's worth watching how the drilling goes.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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