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Petrolifera Petroleum Ltd.

10:28 AM EST - Petrolifera Petroleum Ltd. : shares were lower after the company said it will restate 2006 results to correct tax reporting. It expects earnings for 2006 to be cut by $2.6 million from the previously reported $39.9 million. Petrolifera Petroleum Ltd. shares T.PDP are trading off .2 at $12.30.