03:59 PM EST - Fairquest Energy Ltd. : on Wednesday posted financial results for the fourth quarter, reporting a net loss of $0.64 million or $0.01 per share compared to a profit of $0.51 million or $0.01 per share in the year ago quarter. Funds generated from operations increased to $5.86 million or $0.17 per share from $3.87 million or $0.12 per share in the prior year. Sales before royalties increased to $10.26 million from $7.01 million in the previous year. Fairquest Energy Ltd.
shares T.FQE are trading up 13 cents at $3.20.
