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INDO K-29 reaches total depth; production results due in two weeks

INDO says its K-29 well reached total depth with promising oil flow; production results are expected within two weeks. The company plans to drill WK-5 and 16 more wells over three years.

INDO

K-29 well has reached total depth with promising oil flow, and production results are expected within two weeks.

Plans are in place to drill WK-5 and 16 more wells over three years, aiming for cash flow positivity and leveraging significant resource potential in both oil and gas.Based on Indonesia…