Indonesia Energy net loss narrows 33.35% to $1.88 million as revenue rises 66.38% to $1.78 million

INDO•2026-09-24

Indonesia Energy reported a $1.88 million net loss for the six months ended June 30, 2026, narrowing 33.34% from a year earlier, while revenue rose 66.38% to $1.78 million.

1. Six-month results

Operating loss narrowed to $1.69 million, and loss per share improved to $0.12 from $0.19. Net cash used in operating activities fell to $2.09 million, while cash was $5.57 million at June 30, 2026.

2. K-29 well

The company spudded the K-29 well on July 25, 2026. Drilling finished in August, with production expected to start in late September.

Sources

Indonesia Energy net loss narrows 33.35% to $1.88 million as revenue rises 66.38% to $1.78 million

Sec

Indonesia Energy net loss narrows 33.35% to $1.88 million as revenue rises 66.38% to $1.78 million

1. Six-month results

2. K-29 well

Related News

Neighborhood Intelligence, Fathom explore revamped deal valuing NXH digital assets at no less than $130 million

Weyerhaeuser schedules Q3 earnings release and webcast update

ONE Group names Caroline O'Mahony Baker chief operating officer

Sources

Indonesia Energy net loss narrows 33.35% to $1.88 million as revenue rises 66.38% to $1.78 million

INLIF swings to FY26 H1 net income of USD 1.01 million; revenue rises 26.01% to USD 12.94 million

YYForce FY26 H1 net loss narrows 13.8% to US$7.06 million; revenue rises 26.8% to US$32.7 million