shares of indonesia energy corp were trading lower in wednesdays late market after the company filed for a potential sale of almost 9 million shares by a selling shareholder indonesia energy said l1 capital could potentially sell from time to time up to an aggregate of 8333334 of the companys ordinary shares the company also said it wouldnt sell any securities under the prospectus and would receive no proceeds from the sale of shares at 550 pm est shares of indonesia energy were trading 779 lower at 3103 a share the stock finished the days regular session with an 855 gain at 3365 indonesia energy is an oilandgas exploration and production company focused on indonesia