09:53 AM EST - Fairborne Energy Ltd. : reported a fourth-quarter net loss of $1.136 million, or $0.03 per share, compared to last-year quarter's net income of $8.900 million, or $0.17 per share. The most significant impact on the fourth quarter was the one-time costs of $9.3 million associated with the Reorganization in December 2007, all of which were incurred during the fourth quarter. Fairborne Energy Ltd.
shares T.FEL are trading down 8 cents at $6.40.
