Indonesia Energy Corp Ltd
For the period ended Jun 30, 2026. Filed Sep 24, 2026.
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Jun 30, 2026 · Filed Sep 24, 2026
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Contents
EX-99.1 · SCHEDULE OF SEGMENT INFORMATION
| June 30, 2026 | June 30, 2025 | |
|---|---|---|
| (Unaudited) | (Unaudited) | |
| Oil and gas revenues | $1,779,453 | $1,069,505 |
| Lease operating expense | (1,302,454) | (1,394,411) |
| Depletion, depreciation, and amortization | (421,414) | (335,348) |
| General and administrative expenses | (1,742,249) | (1,761,060) |
| Total other expense, net | (196,217) | (403,460) |
| Result of oil and gas producing operations before income taxes | $(1,882,881) | $(2,824,774) |
| Segment net loss | $(1,882,881) | $(2,824,774) |
| Reconciliation of profit or loss | ||
| Adjustment and reconciling items | - | - |
| Consolidated net loss | $(1,882,881) | $(2,824,774) |
NOTE 14 –SUBSEQUENT EVENTS
The Company evaluated all events up to the dateof the issuance of the report and determined that below events that would have required adjustment or disclosure in the unaudited condensed consolidated financial statements.
On July 1, 2026, the 30,000 Ordinary Shares granted to the Company's President on December 29, 2025 vested.
On July 25, 2026, the Company spudded the K-29 well at the Kruh Block. The well reached a total measured depth of approximately 3,378 feet, and drilling operations were completed in August 2026. The Company has discovered good quality oil during testing operations
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