Bering Exploration Inc. (OTCBB: BERX) has received a permit from the State of Louisiana to re-complete one of its wells on its North Edna prospect.

This 348 acre prospect is located in Jefferson Parish, La., and has potential gross reserves of one million barrels which, based upon today's prices, equates to a gross value of more than $93 million dollars, according to the release.

Bering expects the workover rig to be on location within the next 10 days.

Headquartered in Houston, Bering Exploration Inc. is an independent oil and natural ...