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Fairborne Energy is an exploration and production company. The Company is engaged in the business of exploring for, developing, acquiring and producing crude oil and natural gas in Western Canada. Fairborne’s portfolio is concentrated in four main core areas in Alberta, Saskatchewan and Manitoba. These areas include Clive, Harlech, Marlboro and Sinclair.
In 2010, its natural gas production of 67.1 million cubic feet per day. During 2010, its crude oil and natural gas liquid (NGL) production was 3,969 barrels per day. On February 17, 2011, Fairborne entered into a property disposition, which included undeveloped land, facilities and approximately 1,830 barrel of oil equivalent per day (60% natural gas and 40% oil and NGL’s) from producing properties in the Peace River Arch and Brazeau area of north and west central Alberta.
Fairborne Announces Closing of $80 Million Asset DivestitureEnergy Digital (press release) -
40 minutes ago CALGARY, ALBERTA--(Marketwire - May 16, 2012) - Fairborne Energy Ltd. ("Fairborne" or the "Company") (TSX:FEL) is pleased to announce that it has closed its previously announced sale of properties in the greater Sinclair area of south west Manitoba and ...
Commodities Sink Canadian Stocks as Jobs, Housing BoomBusinessWeek -
May 16, 2012 By Joseph Ciolli on May 16, 2012 Canada's commodity shares have fallen to their cheapest prices since the recession, wiping out the stock market's best start to the year since 2004 as global economic concerns overshadowed the best two-month job growth ...
Fairborne Announces First Quarter 2012 ResultsMarketwire (press release) -
May 8, 2012 CALGARY, ALBERTA--(Marketwire - May 8, 2012) - Fairborne (TSX:FEL) is pleased to provide this summary of its financial and operating results for the first quarter of 2012.