Exchange: NYSEMkt·Updated 04:41 PM EDT
INDO logo

INDO Indonesia Energy Corp Ltd

$2.66
$0.02
(0.75%)
Today
Closed $2.69
$0.0295
(1.10%)
After Hours
Reported EarningsMay 20
Mkt Cap$41.08M
Vol139,447.00

About INDO

Indonesia Energy Corp. Ltd. operates as an oil and gas, exploration, and production company. It engages in oil and gas assets portfolio with a mix between medium-sized producing blocks and exploration blocks with significant resources. Its portfolio includes Kruh, Citarum, and Rangkas Area. The company was founded by James J. Huang and Wirawan Jusuf in 2014 and is headquartered in Jakarta, Indonesia.
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Bearish Sentiment

How do you feel about INDO?

Warrent_jr
$INDO $12..Explosive!! INDO got fucking smashed, but remember—what goes down can fucking come back! K-29 oil is the catalyst. Hold the line, watch $3.15, then $3.50–$4.00...$12 NFA !!DYODD!!
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Bigfathippo
$INDO Hold Hold Hold! INDO at important support area right now. More INDO news coming soon on K-29 Well Production, and progress on WK-5. Once both wells finished and producing, INDO should be around 400 bpd (doubling total output, + positive net cash flow) And Brent crude is $105 which is even more 💰 for INDO
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FenderStra
$INDO Just because there is no news yet of production on the first well doesn't mean the storage tanks aren't fill'n. Patience is key.
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avra_kedavra
$INDO if they commenced operations within 2 weeks since 2nd Sept, and then need couple of weeks to confirm production, it should be around end of the month when they condfirm k29 output. And it could be same dates for wk5 being ready for SPUD. catalysts are coming, hopefully oil remains around 100 by that time.
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UpRiser13
$INDO I am not expecting a moon shot like 2022 as it has multiple catalyst lined up. This is minimum hold for me to $20 within 4 months and I would also consider 2 months delay by Frank! No doubt it’s setting up well but it’s gonna be a volatile ride!
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Warrent_jr
$INDO EXPLOSIVE!!! INDO is no longer sitting at the bottom — it's climbing the staircase. $3.30 → $3.50 is the gate. Break that with volume, and $4 becomes the next battlefield. K-29 production data is the catalyst that can decide whether this becomes a real BREAKOUT!!! DYODD
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Yendo
$INDO the last 3 months INDO has been seeing a higher low each time it dips we are in an ascending triangle. Only a matter of time now
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Bigfathippo
$INDO Low volume, but hype can come back soon. Let’s see those production results and progress on 2nd Well 🚀
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Warrent_jr
$INDO EXPLOSIVE!! INDO !!! WHY THE FUCK IS K-29’S BOPD NUMBER STILL LOCKED UP? Oil confirmed. Natural flow. Well completed. WK-5 moving. But the BIG number? SILENCE!!! That’s the fucking suspense bro !!. If INDO drops a monster production figure, shorts better fucking wake up FAST!!!. $INDO — LFG.
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avra_kedavra
$INDO Frank: I am not here today to make an announcement at what the production rate is, but keep your eyes posted.
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GR8CALL
$INDO INDO was being promoted today... probably a paid promotion. Has me thinking we might get some news tomorrow... who knows?
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Ape_Made_Boy
$INDO once the world discovers its out of gas you will wake up to this trading at 30....until then keep accumulating$INDO
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1Asianstockthoughts
$INDO on the course of three months we are up over 15% to any realistic trader that plays there entry’s, can agree holding and accumulating has been paying off. We shall see what the next few months bring I think it will be good. Ignore the noise
12
astacey
$INDO enjoy the long weekend, don’t let the pursuit of wealth keep you from enjoying the things in life that truly satisfy the soul. With that said, I do believe go time is near!
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Nimos
$INDO K-29 results in 2 weeks, initial signs indicate that this could be the best well they have drilled in Kruh so far ( natural seeping from perforation gun, unlike past wells).
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upanddown12311
$INDO where Frank and getting results in 2 weeks. Not sure why bother give deadlines when he can never hit it.
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JaxJake
$INDO Finally starting to see some tangible results after all the seismic work and delays. If flow rate on K-29 is positive and WK-5 follows suit we might see some sizeable gains in the near term. And just for spite: how ironic that smallcrapper24 or whatever he calls himself these days chickened out right when everyting is starting to come together😅🤣😂
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GTMStox
$INDO I truly have never seen any thing like this before. You have a company saying that they discovered more oil and it barely moves up. This economy and market are fucked. We are definitely going into a depression when you start seeing nonsense like this take place especially when we’re in a war right now and oil is at the forefront of matters.
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NuclearWinter
$INDO Don’t forget to shut out the noise. There are some really sad individuals here just spewing bullshit that you don’t need in your life. Invest, or don’t. But don’t let people who sit on a stock forum for 12 hours per day tell you how to invest. There is a reason for them posting 500 posts per day and it isn’t because they are rich enough to not work and it certainly isn’t because they are good at it. Enjoy the weekend, don’t invest money you can’t lose, no matter if it’s in INDO or in NVDA. Anything can happen, especially with the current geopolitical situation. Cheers!
5
outdoor_maxxer
$INDO just a little bit more patience, some of us have been waiting a long time ! BIG WAVES ARE COMING, MFERS☀️🌊🏄🏼‍♂️🤙🏻
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