Yahoo! Finance: Commodity News

SAN FRANCISCO----GeoPetro Resources Company today announced that it has received approval of the Indonesian government for an extension of time under the Bengara-II PSC to appraise, assess, and justify the economic feasibility of commercial development of an apparent oil discovery made on the Seberaba prospects during exploratory drilling late last year in the Bengara-II Block, onshore Kalimantan, Indonesia.

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