FairWest Energy Corporation (TSX VENTURE:FEC) that the company is continuing to operate under the terms of a Forbearance Agreement with its principal lender which was designed to allow the Company to comply with the terms of its credit facility with the Bank.
The press release is quoted as saying:
FairWest (TSX VENTURE:FEC) is a Calgary, Alberta based junior oil and gas company engaged in the acquisition, exploration, development and production of crude oil and natural gas in the provinces of Alberta and Saskatchewan.
