Fairborne Energy: Marlboro Gas Plant Update and Partial Divestiture

- May 4th, 2011

Fairborne Energy Ltd. (TSE:FEL) provides update Marlboro Gas Plant.

Fairborne Energy Ltd. (TSX:FEL) provides update Marlboro Gas Plant.

The press release is quoted as saying:

Fairborne is also pleased to announce that is has entered into an agreement in principle to sell a forty percent (40%) working interest in the Marlboro Gas Plant to a third party midstream company for proceeds of $18 million while retaining priority access to the divested working interest.

Click here to access the entire press release

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