Dr. Wirawan Jusuf is a co-founder and founding Chairman of the board of directors of Indonesia Energy Corporation Limited, and has served as the Chief Executive Officer of WJ Energy since 2014. Since 2015, Dr. Jusuf has also served as a co-founder and Commissioner of Pt. Asiabeef Biofarm Indonesia, a fully integrated and sustainable cattle business company in Indonesia. Dr. Jusuf also serves as the Director of Maderic Holding Limited, a private investment firm and our majority shareholder, which he founded in 2014. Dr. Jusuf began his professional career when he co-founded and served as the Director of Pt. Wican Indonesia Energi, an oil and gas services company, from 2012 to 2014. Dr. Jusuf earned his Master’s in Public Health at the Gajah Mada University-Jogjakarta in Central Java, Indonesia, and his medical degree at the University of Tarumanegara in Jakarta, Indonesia beforehand. We believe Dr. Jusuf is qualified to serve in his positions with our company due to his strong qualifications in business development, government relations and strategic planning.

Mr Dharmawan previously served as a director at PT Panasia Indo Resources Tbk, a Jakarta-listed holding company that primarily engages in yarn manufacturing, synthetic fibres and mining. Earning his Graduate Certification in Applied Finance and Investment in Kaplan, Australia and bachelor’s degree in Commerce at the Macquarie University in Australia, Mr. Dharmawan had served in several executive positions with the Macquarie Group globally from 2007 to 2015. He has experience working in Sydney, Singapore, London, and New York.

Mr. Ahmad Fathurachman brings a powerful combination of technical expertise and business savvy to the oil and gas industry. With a background in electrical engineering from Universitas Jenderal Achmad Yani, he translates complex concepts into practical solutions. His experience spans SCADA and IoT implementation, fire & gas systems, and well production optimization. At Weatherford, he not only spearheaded the development of innovative tools but also secured major contracts, showcasing his understanding of market trends and customer needs.

Mr. Said is a veteran and experienced executive in the oil and gas industry, whose expertise is within the energy and infrastructure sector. He earned his Master of Engineering Management from Curtin University of Technology in Perth, Australia and holds Bachelor’s degree in Engineering at the Chemical Engineering Institute Technology of Indonesia. He is a well-known figure and holds professional memberships within the Indonesian Petroleum Association (IPA) and the Society of Indonesian Petroleum Engineers (IATMI).

Holding the Chartered Financial Analyst (CFA) designation, Mr. Huang has a strong educational and career background in finance, law and business management.

The co-founder of IEC maintains an attorney at Law professional license from the Brazilian Bar Association (OAB/SP).

He earned his bachelor’s degree in law at the Escola de Direito de São Paulo, a Brazilian private law higher education institution and Fundação Getúlio Vargas, a Brazilian higher education institution. He also participated in a Double Degree Program in Business Management Program at the Escola de Administração de Empresas de São Paulo, also in Brazil.

Mr. Peterson served in several executive officer positions at Pedevco Corp. (NYSE American: PED), a public company engaged primarily in the acquisition, exploration, development and production of oil and natural gas shale plays in the United States. These positions included as Chief Executive Officer, President, Chief Financial Officer and Executive Vice President.

Since August 2016, Mr. Peterson has served as an independent director on the board of TrxAde Group, Inc. (NASDAQ: MEDS), a web-based pharmaceutical market platform, he served in several executive positions at Aemetis, Inc. (formerly AE Biofuels Inc.), a Cupertino, California-based global advanced biofuels and renewable commodity chemicals company. These positions included as Interim President, Director and Executive Vice President. From December 2008 to July 2012, Mr. Peterson also served as Chairman and Chief Executive Officer of Nevo Energy, Inc. (formerly Solargen Energy, Inc.), a Cupertino, California-based developer of utility-scale solar farms which he helped form). From 2005 to 2006, Mr. Peterson served as a managing partner of American Institutional Partners, a venture investment fund based in Salt Lake City. From 2000 to 2004, he served as a First Vice President at Merrill Lynch, where he helped establish a new private client services division to work exclusively with high-net-worth investors. From September 1989 to January 2000, Mr. Peterson was employed by Goldman Sachs & Co. in a variety of positions and roles, including as a Vice President with the responsibility for a team of professionals that advised and managed over $7 billion in assets. Since Mr. Peterson’s retirement from Pedevco in 2018, he has served as the President of the Taipei Taiwan Mission of The Church of Jesus Christ of Latter-day Saints, in Taipei, Taiwan. Mr. Peterson received his Master degree of Business Administration at the Marriott School of Management and a Bachelor’s degree in statistics/computer science from Brigham Young University. Mr. Peterson is qualified to be a Director of our company due to his distinguished experience in managing, operating and growing both public and private companies, especially those active in the energy industry.

Mr. Hussein has strong experience in the fields of investigative auditing, compliance as well as corporate governance. The executive, who previously served as Inspector General of The Ministry of Energy and Mineral Resources of the Republic of Indonesia in 2013-2018, and a commissioner at Jakarta-listed and state-controlled tin miner PT Timah (Persero), holds a Forensic Auditor Certification. He earned his Bachelor’s degree in Economics at the Brawijaya University in Malang, Indonesia’s East Java province.

Mr. Ingriselli is a seasoned leader and entrepreneur with over 40 years of experience in the energy industry with a wide-ranging exploration and production experience in diverse geographies, business climates and political environments. From 1979 to 2001, Mr. Ingriselli worked at Texaco in diverse senior executive positions, including President of Texaco International Operations, where he directed Texaco’s global initiatives in exploration and development. While at Texaco, Mr. Ingriselli, among other activities, led Texaco’s initiatives in exploration and development in China, Russia, Australia, India, Venezuela and many other countries. From 2005 to 2018, Mr. Ingriselli was the founder, President, CEO and Chairman of PEDEVCO Corp. and Pacific Asia Petroleum, Inc., both energy companies which are or were listed on NYSE American. Mr. Ingriselli is a member of the Board of Directors of DataSight Corporation and NXT Energy Solutions Inc. (TSX:SFD; OTC QB:NSFDF) and is also on the Board of Trustees of the Eurasia Foundation, and is the founder and Chairman of Brightening Lives Foundation, Inc., a charitable public foundation. Mr. Ingriselli graduated from Boston University in 1975 with a B.S. in business administration. He also earned an M.B.A. from New York University in both finance and international finance in 1977 and a J.D. from Fordham University School of Law in 1979. Mr. Ingriselli has served as our President since 2019.

Dr. Jusuf is a co-founder and founding Chairman of the board of directors of Indonesia Energy Corporation Limited and has been leading our Company since 2014. Dr. Jusuf also serves as the Director of Maderic Holding Limited, a private investment firm and our majority shareholder. Dr. Jusuf earned his Masters in Public Health at the Gajah Mada University-Jogjakarta in Central Java, Indonesia, and his medical degree at the University of Tarumanegara in Jakarta, Indonesia. Dr. Jusuf has strong qualifications in business development, government relations and strategic planning.

Dr. Wu has served as our Chief Technology Officer since 2018. Dr. Wu is a highly qualified and recognized oil and gas industry veteran with over 40 years of experience. In his successful career, Dr. Wu worked in a variety of roles internationally with ARCO (Atlantic Richfield Company, now recognized as BP Plc), holding the positions of Geological Specialist, New Venture Geologist and Exploration Coordinator for ARCO in Indonesia. During his time in ARCO, Dr. Wu earned ARCO’s “Exploration Excellence Award” on the Vice-President Level for providing training to worldwide staff in geohistory and basin modelling with subsequent exploration successes while he was in Plano, Texas. Dr. Wu completed his Postgraduate Diploma in Business Administration at DeMontfort University in 2000 and earned his Ph.D. in Geosciences in 1991 at the University of Texas. He also completed his Masters of Science in Geology at the University of Toledo in 1979. Prior to his graduate studies, Dr. Wu earned his Bachelors of Science degree in Geology at National Taiwan University in 1975. Dr. Wu has also served as Adjunct Professor at the University of Texas at Dallas and University of Indonesia where he has taught 8 regular and industrial courses. Dr. Wu has been responsible for building and leading the upstream exploration and production teams for 3 independent oil and gas companies in Indonesia over the last 15 years, having operated 7 different oil blocks in the country. His outstanding achievements ensure he is highly qualified to implement our Company’s growth strategy plan.

Mr. Overholtzer is an experienced Chief Financial Officer with a strong background in publicly traded corporations in the oil and gas industry. He has served as the CFO of PEDEVCO Corp, a Houston-headquartered oil and gas company that is listed in the NYSE America. The executive, who earned his MBA and Bachelor of Arts degrees from the University of California, Berkeley in the United States.He also has a long list of senior positions – as the CFO, Corporate Controller and Senior Director – in a number of companies engaged in various sectors, including energy-related, high-tech and bio-tech industries. He has served as our CFO since 2019.

Mirza F. Said has served as Chief Operating Officer and Director of our Company since 2018 and has served as Chief Executive Officer of our subsidiary PT. Green World Nusantara since 2014. Prior to joining our Company, Mr. Said was the President Director of Pt. Humpuss Patragas, a subsidiary of an Indonesia integrated energy business that had operations in the upstream, transportation and refining industry. Mr. Said has built his professional career in a diverse range of roles pertaining to drilling and operations since 1991. He has held several senior positions in several companies, including BP Indonesia, from 2001 to 2004, during which time, as a result of his achievements, he was awarded the “Spot Recognition Award of Significant Contribution in Managing & Placing”. Mr. Said earned his Master of Engineering Management at the Curtin University of Technology in Perth, Australia, and had completed his Bachelor’s degree in Engineering at the Chemical Engineering Institute Technology of Indonesia. Mr. Said holds professional memberships with the Indonesian Petroleum Association (IPA) and Society of Indonesian Petroleum Engineers (IATMI). Mr. Said is qualified to serve in his positions with our Company as a result of his professional experience in drilling, operations and business development.

James J. Huang is a co-founder, Chief Investment Officer and Director of our Company since inception. Mr. Huang holds the Chartered Financial Analyst® (CFA) designation and maintains an Attorney at Law professional license from the Brazilian Bar Association (OAB/SP). Mr. Huang earned his Bachelor’s degree in law at the Escola de Direito de São Paulo in Brazil at Fundação Getúlio Vargas and previously participated at a Double Degree Business Management Program at the Escola de Administração de Empresas de São Paulo also at Fundação Getúlio Vargas. Mr. Huang is qualified to serve in his positions due to his expertise in finance, law and business management.