Glossary of Terms

In this report, unless the context otherwise requires, the following terms shall have the indicated meanings. A reference to an agreement means the agreement as it may be amended, supplemented or restated from time to time.

A-E F-I J-N O-S T-Z Abbreviations & Conversions

L

"LPG" means liquefied petroleum gas.

M

"Madisonville Field" means the oil and natural gas exploration, development and production project at the Madisonville Field.

"Madisonville Project" means GeoPetro Resources Company, a corporation incorporated under the laws of the State of California and its wholly owned subsidiaries.

"Magness Well" means the UMC Ruby Magness No. 1 well located at the Madisonville Field.

"Makapan Gas Field" means the Makapan gas field in East Kalimantan, Indonesia.