Fairborne Energy Ltd.

Fairborne Energy Ltd.

September 09, 2010 16:30 ET

Fairborne Energy Closes Strategic Land and Facilities Acquisition

CALGARY, ALBERTA--(Marketwire - Sept. 9, 2010) - Fairborne Energy Ltd. ("Fairborne" or the "Company") (TSX:FEL) is pleased to announce that it has closed its previously announced acquisition in the Company's core Marlboro/Pine Creek area. The acquisition has an effective date of July 1, 2010 and a purchase price of approximately $71.5 million, subject to closing adjustments.

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