Indika Energy reports IDR 15.57 billion spend: what it means for Indika Energy stock

Published on 10/16/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Exploration cost IDR 15.57 billion was reported October 13, 2026. Indika Energy stock costs EUR 0.10 on October 16, 2026 at IDR 10.7 trillion value.

Exploration and reporting dates

Exploration spending reached IDR 15.57 billion on October 13, 2026.
Kideco drilled 65 holes across 10,717.40 meters during the reported period.
Indika Energy stock traded at EUR 0.10 at 9:30 a.m. CEST at Lang & Schwarz on October 16, 2026.
Indika Energy is scheduled to report earnings on October 30, 2026.

Indika Energy, ID1000110901, Illustration mit AI erstellt.

Indika Energy (ISIN ID1000110901) reported IDR 15.57 billion of exploration spending at Kideco and Masmindo on October 13, 2026, according to Kontan. The disclosure puts operating investment, rather than a confirmed asset sale, at the center of the stock story.

Exploration expands the operating picture

Kideco accounted for IDR 9.44 billion of the spending, while Masmindo used IDR 6.13 billion. Kideco's drilling covered 65 holes and 10,717.40 meters, including 3,672.25 meters of core drilling and 7,045.15 meters of open-hole drilling, IDXChannel reported on October 13, 2026.

The split shows the company funding both coal resource work in East Kalimantan and gold exploration in South Sulawesi. Masmindo had drilled seven holes and collected 191 samples during the reported period, adding a second quantified operating track to the Kideco program.

What does the exploration spend mean?

The IDR 15.57 billion total is modest beside Indika Energy's IDR 10.7 trillion market value as of October 16, 2026, but the activity gives investors measurable milestones beyond commodity prices. The 65 Kideco holes and seven Masmindo holes also show that the spending was tied to active field work rather than a purely administrative program.

Three dates define the current story

On October 12, 2026, Kideco and Masmindo submitted the activity information; on October 13, 2026, the reported exploration bill reached IDR 15.57 billion; and on October 14, 2026, IDXChannel reported Bumi Resources' response to speculation about a possible Kideco acquisition.

The October 14 report said Bumi would not comment on market rumors or hypothetical transactions. It also cited reports that a potential transaction could exceed USD 1.00 billion, while stressing that the disclosure did not confirm a sale by Indika Energy.

Next results date

Investing.com lists October 30, 2026 as Indika Energy's next earnings date. That report should help investors compare exploration activity with the company's broader operating and financial results.

Indika Energy stock price in euros

Indika Energy stock was trading at EUR 0.10 at Lang & Schwarz on October 16, 2026 at 9:30 a.m. CEST. The IDR 10.7 trillion market value and the October 30 reporting date provide the clearest valuation and timing markers around the exploration update.

The further course of trading is shown by the continuously updated real-time quote of Indika Energy stock.