Addressing the sale of idle equipment at the Plant, GeoPetro's President & CEO, Stuart J. Doshi commented "We are pleased with the higher purchase price and with the removal of contingency with respect to regulatory approval. The equipment being sold represents assets that are idle and non-income producing. We will have further comments upon closing of the transaction".About GeoPetro
GeoPetro Resources Company's Subsidiary Announces An Increase In Purchase Price On Sale Of Idle Equipment
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