Noble Capital Markets Initiates Equity Research Coverage on Indonesia Energy Corporation (NYSE American:INDO)


Indonesia Energy Corporation Limited (NYSE American:INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that Noble Capital Markets (Noble) initiated equity research coverage on Indonesia Energy Corporation with a price target of $6.00 and a market rating of "Outperform."

The Noble publishing Senior Research Analyst is Michael Heim. The full report is at (NYSE American:INDO in the "Chek the Channels" search box) or go to the direct link at: Channelchek

About Indonesia Energy Corporation Limited
Indonesia Energy Corporation Limited (NYSE American:INDO) is a publicly-traded energy company engaged in the acquisition and development of strategic energy projects in Indonesia. IEC's principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit

In 2018, Noble Financial Group, Inc. launched Channelchek - a new investment community dedicated exclusively to small and micro-cap companies and their industries. Channelchek is tailored to meet the needs of self-directed investors and financial professionals. As the first service to offer institutional-quality research to the public, for FREE at every level without a subscription, Channelchek lists more than 6,000 emerging growth companies alongside growing content, including webcasts, podcasts, and balanced news.