09:57 AM EST - Fairborne Energy Ltd. : provided this summary of its financial and operating results for the 2010 year. Petroleum and natural gas revenue totaled $234.6 million, compared with $240.6 million the year before, a drop of 2%. Net loss, however, was $16.3 million, or 37% less than 2009’s figure of $25.6 million. Fairborne Energy Ltd.
shares T.FEL are trading down $0.16 at $4.75.