UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of ~~October~~December 2024

Commission File Number 001-39164

Indonesia Energy Corporation Limited

(Translation of registrant’s name into English)

GIESMART PLAZA 7^th Floor

Jl. Raya Pasar Minggu No. 17A

Pancoran – Jakarta 12780

Indonesia

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

INCORPORATION BY REFERENCE

This report on Form 6-K (“Form 6-K Report”) shall be deemed to be incorporated by reference into the shelf registration statement on Form F-3, as amended (Registration Number 333-278175) of Indonesia Energy Corporation Limited, a Cayman Islands exempted company (the “Company”), declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on May 31, 2024 (“Registration Statement”), and into each prospectus or prospectus supplement outstanding under the Registration Statement, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

~~Attached~~Option asGrants ~~Exhibit 99.1 to this Form 6-K Report are the unaudited condensed consolidated financial statements of the Company as of June 30, 2024~~ and ~~for~~Share ~~the~~Option ~~six-month periods ended June 30, 2024 and 2023, respectively.~~Agreements

~~Attached~~On asDecember ~~Exhibit~~16, ~~99.2~~2024, toIndonesia ~~this~~Energy ~~Form~~Corporation ~~6-K~~Limited, ~~Report~~a isCayman anIslands ~~Operating~~exempted company (the “Company”), entered into share option agreements (the “Option Agreements”) with certain officers and ~~Financial~~directors ~~Review~~(the ~~for~~“Optionees”) under its 2018 Omnibus Equity Incentive Plan (as the ~~Company’s~~same ~~six-month~~may ~~periods~~be ~~ended~~amended ~~June~~from 30time to time, the “Plan”), effective as of December 16, 2024 ~~and~~(“Date ~~2023,~~of ~~respectively~~Grant”).

~~CAUTIONARY~~The ~~STATEMENT~~Option ~~REGARDING~~Agreements ~~FORWARD-LOOKING~~contained ~~STATEMENTS~~substantially similar terms and conditions, pursuant to which the Optionees were granted options (“Options”) under the Plan to purchase an aggregate of 440,000 ordinary shares (the “Option Shares”), par value $0.00267 per share, of the Company at the exercise price of $2.79 per share. The Options shall vest and become exercisable immediately on the Date of Grant. The breakdown of the Options granted under the Plan is detailed in table below:

This Form 6-K Report and the exhibits hereto contain certain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

Optionees	Date of Grant	Option Shares		Exercise Price (Closing Price of Date of Grant)		Vesting Conditions
Dr. Wirawan Jusuf	December 16, 2024		100,000	$	2.79	The Option shall vest and become exercisable immediately on the Date of Grant.
James J. Huang	December 16, 2024		100,000	$	2.79
Mirza F. Said	December 16, 2024		100,000	$	2.79
Chia Hsin “Charlie” Wu	December 16, 2024		50,000	$	2.79
Gregory L. Overholtzer	December 16, 2024		20,000	$	2.79
Michael L. Peterson	December 16, 2024		20,000	$	2.79
Benny Dharmawan	December 16, 2024		20,000	$	2.79
Mochtar Husein	December 16, 2024		20,000	$	2.79
Ahmad Fathurachman	December 16, 2024		10,000	$	2.79
Total			440,000

~~The~~None ~~forward-looking~~of ~~statements~~the insecurities ~~this~~have ~~Form~~been ~~6-K~~registered ~~Report~~under ~~and~~ the ~~exhibits~~Securities ~~hereto~~Act ~~are~~of ~~based upon various assumptions~~1933, ~~many~~as ofamended ~~which~~(the ~~are based,~~“Securities ~~in turn~~Act”), ~~upon~~or ~~further~~any ~~assumptions,~~state ~~including~~securities ~~without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties~~laws. ~~Although~~As wea ~~believe that these assumptions were reasonable when made~~result, ~~because~~the ~~these~~securities ~~assumptions~~may ~~are~~not ~~inherently~~be ~~subject~~resold ~~to significant uncertainties~~ and ~~contingencies~~must be ~~which~~held ~~are~~indefinitely ~~difficult~~unless orthey ~~impossible to predict and~~ are ~~beyond~~registered ~~our~~under ~~control,~~the weSecurities ~~cannot~~Act ~~assure you that we will achieve~~ or ~~accomplish~~an ~~these~~applicable ~~expectations,~~exemption ~~beliefs~~from orregistration ~~projections. As~~is ~~a result, you are cautioned not to rely on any forward-looking statements~~available.

~~Many~~The offoregoing ~~these~~description ~~statements~~of ~~are~~the ~~based~~Option onAgreements ~~our~~is ~~assumptions~~a ~~about~~summary ~~factors~~only ~~that~~and ~~are~~does ~~beyond~~not ~~our~~purport ~~ability~~ to ~~control~~be orcomplete ~~predict~~ and, ~~are~~is ~~subject~~qualified ~~to significant risks and uncertainties that are described more fully~~ in ~~“Item~~its ~~3. Key Information—D. Risk Factors” on our annual report~~entirety onby ~~Form~~reference ~~20-F~~to ~~filed with~~ the ~~SEC~~full ontext ~~April 26, 2024. Any~~ of ~~these~~such ~~factors~~documents, ~~or a combination of these factors could materially affect our future results of operations and~~ the ~~ultimate~~form ~~accuracy~~ of ~~the~~which ~~forward-looking~~is ~~statements.~~attached ~~Fluctuations~~hereto inas ~~our~~Exhibit ~~future financial results may negatively impact the value of our ordinary shares~~10.1 Inand ~~addition~~incorporated toherein ~~these~~by ~~important factors, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include among other things:~~reference.

● Our overall ability (including our anticipated timing) to meet our goals and strategies, including our plans to continue to conduct seismic testing and interpretation activities, and drill additional wells at Kruh Block, to explore and develop (including drilling wells at) Citarum Block or acquire rights in additional oil and gas assets in the future; ● The economic and capital markets impact of macro-economic and other conditions beyond our control (such as the war between Russia and Ukraine, the conflicts in the Middle East involving Israel and Hamas, Hezbollah and Iran, inflation, interest rates and the political situation in Indonesia) on the demand for our oil and gas products in Indonesia and the price of our oil and gas products; ● Our ability to estimate our oil reserves; ● Our ability to anticipate our capital needs, financial condition and results of operations;EXHIBIT INDEX

Exhibit No.		Description
10.1		Form of Share Option Agreement, dated December 16, 2024 between the Registrant and its officers/directors.

● The anticipated prices for, and volatility in the prices for, oil and gas products and the growth of the oil and gas market in Indonesia and worldwide; ● Our expectations regarding our relationships with the Indonesian government (“Government”) and its oil and gas regulatory agencies; ● Relevant Government policies and regulations relating to our industry; and ● Our corporate structure and related laws, rules and regulations.

Should one or more of the foregoing risks or uncertainties materialize, should any of our assumptions prove incorrect, or should we be unable to address any of the foregoing factors, our actual results may vary in material and adverse respects from those projected in these forward-looking statements. Consequently, there can be no assurance that actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to, or effects, on us. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.

We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable laws. If one or more forward-looking statements are updated, no inference should be drawn that additional updates will be made with respect to those or other forward-looking statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	INDONESIA ENERGY CORPORATION LIMITED
Dated: October 25, 2024	By:	/s/ Wirawan Jusuf
Dated: December 20, 2024	By:	/s/ Frank Ingriselli
	Name:	~~Wirawan~~Frank ~~Jusuf~~Ingriselli
	Title:	~~Chief Executive Officer~~President

EXHIBIT INDEX

Exhibit Number		Description
99.1		Unaudited condensed consolidated financial statements of the Company as of June 30, 2024 and for the six-month periods ended June 30, 2024 and 2023
99.2		Operating and Financial Review for the six-month periods ended June 30, 2024 and 2023
101.INS		Inline XBRL Instance Document
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

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