Indonesia Energy Corporation Limited · AMEX:INDO
Indonesia Energy — Investor Presentation (January 2026)
19 slides from Indonesia Energy's investor presentation, January 2026
Slide 1: Presentation January 2026
} [INDO] PRESENTATION Indonesia Energy Corp \. 1 z ; 3 ‘ = JANUARY 2026 NYSE: INDO t -|\ aces
Slide 2: Disclaimers and Cautionary Note on Forward-Looking Statements
DISCLAIMERS AND CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS This presentation and statements of IEC’s management in connection with this presentation contain or may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Pr
Slide 3: Indonesia Energy: The Right Place at the Right Time
DRAFT INDONESIA ENERGY The Right Place at the Right Time • NYSE American: INDO (IPO in December 2019) • Drilled 4 successive oil discoveries & gas discovery in Kruh Block • Low Cost - High Value Production & Development Assets (drive down production costs to below $20/barrel) • Kruh Block: 5-year ex
Slide 4: Operations on Next Kruh Wells Commence
DRAFT OPERATIONS ON NEXT 2 KRUH WELLS COMMENCE 4
Slide 5: Indonesia Energy Assets
Indonesia Energy Assets IEC Currently Owns a Producing Asset and a De-risked Development & Exploration Property ▪ 195,000 acre appraisal & development block controlled until 2048 ▪ Stable cash flow generating asset owned controlled until 2030 ▪ 16 miles from Jakarta → significant pipeline infrastruc
Slide 6: Indonesia's Growth Opportunities
Indonesia’s Growth Opportunities Largest economy in S.E. Asia, fourth most populous nation (>283MM), 7th largest global economy by GDP and a member of the G-20 and BRICS Annual GDP Growth: Indonesia vs. World Area 735,358 sq.miles Capital Jakarta "Designed by Freepik" Source: data.worldbank.org/indi
Slide 7: Indonesia's Growing Demand for Energy
Indonesia’s Growing Demand for Energy Demand for energy is only expected to grow in the years to come, especially in the region where IEC’s gas asset is located (West Java) Years 2021 to 2050 Electricity Demand Natural Gas Demand Total Energy Demand Industrial Sector Energy Natural Gas Demand Transp
Slide 8: Oil Majors Continue to Invest Billions in Indonesia
Oil Majors Continue to Invest Billions in Indonesia Indonesia Fact: Exploration Drilling Success Ratio 2012 - 2020 Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 Exploration Wells 96 75 64 33 33 15 22 26 28 Discovery Wells 65 53 47 27 23 10 13 8 12 Success Ratio 68% 71% 73% 82% 70% 67% 59% 31% 43
Slide 9: KRUH: Producing Cash Flow Asset
KRUH: Producing Cash Flow Asset Stable cash generating oil asset, with 18 new wells planned to increase production significantly Contract Type Joint Operation Partnership (KSO) Fiscal Terms Cost Recovery Contract Renewal Effective Date May 22, 2020 Contract Expiry Date September 2035 Participating I
Slide 10: KRUH: 29 km2 Seismic Program Completed in 2024/25
KRUH: 29 km2 Seismic Program Completed in 2024/25 Topo survey Bridging Shot hole drilling Preloading explosives Recording 29 Km 3D Seismic 10
Slide 11: KRUH: Drilling Program 2021 - 2024
KRUH: Drilling Program 2021 - 2024 Drilled 4 consecutive Oil Discoveries: 100% Success Rate ! New Gas Zone Discovered ! 11
Slide 12: KRUH: Single Well Economics
KRUH: Single Well Economics HISTORICAL WELL DATA OPERATING INDICATORS & ASSUMPTIONS Location Kruh Block, South Sumatra Well Depth – TVD Average 3,300 feet Number of wells drilled 29 wells Oil Realization Discount 0% Production Operation Cost per Bbl Average 1st Year Daily Production 127 BOPD $32 / B
Slide 13: CITARUM: Derisked ~195,000 Acre Property
CITARUM: “Derisked” ~ 195,000 Acre Property INDONESIA INDUSTRY Proven hydrocarbon presence located 16 miles from Jakarta, a metropolitan area with large & growing gas demand and established gas pipeline infrastructure network Producing O&G Fields in Northwest Java Basin Block CITARUM Contract Type P
Slide 14: CITARUM: A Proven Hydrocarbon Opportunity
CITARUM: A Proven Hydrocarbon Opportunity From 2009-2016, over $40M was invested in Citarum by previous operator Pan Orient Energy Corp (TSXV:POE) POE drilled 4 wells and discovered natural gas and gas flow from each well Pasundan-1: Cataka-1: Jatayu-1: Geulis-1: Gas depth Gas depth Gas depth Gas de
Slide 15: CITARUM: Appraisal & Development Program
CITARUM: Appraisal & Development Program 3 Year Exploration & Appraisal Program First Priority: Confirm the Value of the Block by Proving Reserves and Monetize the Asset through Production and Sale of Gas Year 1 2 3 Citarum 3 areas division map: I. Jonggol; II. Purwakarta-subang; and iii. majalengka
Slide 16: Executive Team
Executive Team IEC’s executive team is built to capture opportunities in Indonesia and execute projects with excellence Chairman & Chief Executive Officer Dr. Wirawan Jusuf President Frank Ingriselli • Co-founder and founding Chairman of the board of directors • Seasoned leader and entrepreneur with
Slide 17: Board of Directors
Board of Directors IEC’s board of directors is built to capture opportunities in Indonesia and execute projects with excellence Director Mochtar Hussein Director Michael L. Peterson • Rich experience in fields of investigative auditing, compliance and corporate • A highly qualified financial executi
Slide 18: A Commitment to Driving Results
DRAFT A Commitment to Driving Results Operating Plans to Create Long-Term Shareholder Value • Completed 29 sq. km. comprehensive 3-D seismic program in 2025 to maximize economic returns on investment and drive down production costs to below $20/barrel. Finalized 3D Seismic Interpretation • Plan to C
Slide 19: Thank You
THANK YOU 19
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