I bought a POR-15 kit and it comes with a small brush and cloth strip. What the directions say to do is to strip the paint and when it's down to the bare metal, prep the area with the metal prep, then use the brush to apply a layer of POR-15 to the outside of the tank with the holes, then apply the cloth strip over the POR-15, making sure it's flat and even, then brush more POR-15 over the cloth.
I'm sure it would take some finish work, but the POR-15 stuff is totally impervious to gasoline or diesel fuel.
I do not work for POR-15, I just am a recent convert to their products.