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Indonesia Energy Corp Ltd. (INDO)

Sector - Energy

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Company News

IPO Profile

About company

They are an oil and gas exploration and production company focused on Indonesia. Alongside operational excellence, they believe they have set the highest standards for ethics, safety and corporate social responsibility practices to ensure that they add value to society. Led by a professional management team with extensive oil and gas experience, they seek to bring forth the best of their expertise to ensure the sustainable development of a profitable and integrated energy exploration and production business model. Their mission is to efficiently manage targeted profitable energy resources in Indonesia. Their vision is to be a leading company in the Indonesian oil and gas industry for maximizing hydrocarbon recovery with the minimum environmental and social impact possible. They are a Cayman Islands incorporated holding company and conduct all of their business through their direct and indirect wholly-owned operating subsidiaries in Indonesia. The Indonesian oil and gas industry is among the oldest in the world. Indonesia has been active in the oil and gas sector for over 130 years after its first oil discovery in North Sumatra in 1885. According to its public filings, Chevron has been very active in Indonesia and has produced 12 billion barrels of oil over a 50-year period, with billions of its barrels having been produced in Sumatra (the location of their Kruh Block).
Wirawan Jusuf Gregory L. Overholtzer
Employees Founded
65 2014


Address: Dea Tower I, 11th Floor, Suite 1103 Jl. Mega Kuningan Barat Kav. E4.3 No.1-2 Jakarta – 12950, Indonesia

Telephone: +62 21 576 8888

Web page:

IPO information

Expected Date 12/19/2019
Status Priced
Exchange NYSE
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
Share prices ($)

Financial Data (last reporting year)

Market Cap (MM) $81
Revenues (MM) $5.02
Net Income (Loss) (MM) $-0.46


What do you think will happen with the INDO share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

Number of votes: img
Shares Initial (MM) 1.5
Shares Revised (MM) 1.4
Expected offer amount (MM) $15
Realized offer amount(MM) $15.4
Maxim Group LLC

Sector: Energy

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