Promissory Note between GeoPetro Resources Company and Stuart J. Doshi dated February 12, 2007
GeoPetro Resources Company has agreed to repay Stuart J. Doshi $100,000, with interest at 8% per year starting from February 12, 2007. The full amount, including interest, is due whenever the lender requests repayment. The agreement is signed by GeoPetro's Chief Financial Officer.
EXHIBIT 10.22
PROMISSORY NOTE
Amount $100,000 February 12, 2007
For value received, the undersigned, GeoPetro Resources Company (“Payor”), hereby promises to pay on demand to Stuart J. Doshi (“Holder”) the principal sum of One Hundred Thousand ($100,000) with interest from February 12, 2007 at a rate of eight percent (8%) per annum, payable upon repayment of the loan.
| Signed by: |
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| GeoPetro Resources Company |
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| /s/ J. Chris Steinhauser |
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| J. Chris Steinhauser |
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| Chief Financial Officer |
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