EX-FILING FEES 24 ex107.htm

Exhibit 107

Calculation of Filing Fee Tables

FORM F-1

(Form Type)

Indonesia Energy Corporation Limited

(Exact Name of Registrant as Specified in its Charter)

Not Applicable

(Translation of Registrant’s Name into English)

Table 1: Newly Registered and Carry Forward Securities

|  | Security Type |  |  | Security Class Title |  |  | Fee Calculation or Carry Forward Rule |  |  | Amount Registered (1) |  |  | Proposed Maximum Offering Price Per Unit |  |  | Maximum Aggregate Offering Price |  |  | Fee Rate |  |  | Amount of Registration Fee |  | Carry Forward Form Type |  | Carry Forward File Number |  |  | Carry Forward Initial effective date |  |  | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward |
Newly Registered Securities
Fees to Be Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Equity |  |  |  | Ordinary shares issuable upon conversion of outstanding convertible note |  |  |  | 457 | (c) |  |  | 8,333,334 | (2) |  | $ | 13.51 | (3) |  | $ | 112,583,342 |  |  |  | 0.0000927 |  |  | $ | 10,436.48 |  | — |  |  | — |  |  |  | — |  |  |  | — |
|  |  | Equity |  |  |  | Ordinary shares issuable upon exercise of outstanding warrants |  |  |  | 457 | (g) |  |  | 767,240 | (4) |  | $ | 6.00 | (5) |  | $ | 4,603,440 |  |  |  | 0.0000927 |  |  | $ | 426.74 |  | — |  |  | — |  |  |  | — |  |  |  | — |
Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carry Forward Securities
Carry Forward Securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  | — |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Total Offering Amounts |  |  |  |  |  |  |  | $ | 117,186,782 |  |  |  |  |  |  | $ | 10,863.22 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Total Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Total Fee Offsets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 0 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Net Fee Due |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 10,863.22 |  |  |  |  |  |  |  |  |  |  |  |  |  |

(1) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the shares of the Registrant’s ordinary shares being registered hereunder include such indeterminate number of shares as may be issuable with respect to the shares being registered hereunder as a result of share splits, share dividends or similar transactions.

(2) | Represents the maximum number of shares that the Registrant expects could be issuable upon conversion of the note held by the selling shareholder named in this Registration Statement.
(3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act based on the average of the high and low reported trading prices of the Registrant’s ordinary shares as reported on the NYSE American on March 2, 2022.
(4) | Represents the maximum number of shares that the Registrant expects could be issuable upon the exercise of warrants held by the selling shareholder named in this Registration Statement.
(5) | Fee calculated pursuant to Rule 457(g) under the Securities Act.

Table 2: Fee Offset Claims and Sources

|  | Registrant or Filer Name |  | Form or Filing Type |  | File Number |  | Initial Filing Date |  | Filing Date |  | Fee Offset Claimed |  | Security Type Associated with Fee Offset Claimed |  | Security Title Associated with Fee Offset Claimed |  | Unsold Securities Associated with Fee Offset Claimed |  | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed |  | Fee Paid with Fee Offset Source
Rules 457(b) and 0-11(a)(2)
Fee Offset Claims |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fee Offset Sources |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rule 457(p)
Fee Offset Claims |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fee Offset Sources |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

Table 3: Combined Prospectuses

Security Type |  | Security Class Title |  | Amount of Securities Previously Registered |  | Maximum Aggregate Offering Price of Securities Previously Registered |  | Form Type |  | File Number |  | Initial Effective Date