BARNWELL INDUSTRIES, INC. (NYSEMKT:BRN) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On January 5, 2017, Barnwell Industries, Inc. (the “Company”)
issued a press release announcing that it received distributions
of $2,313,000 to the recent sale of the second of two large lots
at Kaupulehu, North Kona, Hawaii, by Barnwell’s 19.6%
indirectly-owned Kukio Resort land development partnerships.
Barnwell has a non-controlling interest in these Kukio land
development partnerships.
Item 9.01 Financial Statements and Exhibits.
|
Exhibit No. |
Description |
|
99.1 |
Press release dated January 5, 2017 |
About BARNWELL INDUSTRIES, INC. (NYSEMKT:BRN)
Barnwell Industries, Inc. is engaged in various lines of business, such as acquiring, developing, producing and selling oil and natural gas in Canada; investing in land interests in Hawaii; drilling wells, and installing and repairing water pumping systems in Hawaii, and developing homes for sale in Hawaii. The Company’s segments include Oil and Natural Gas Segment; Land Investment Segment; Contract Drilling Segment, and Residential Real Estate Segment. The Company’s investments in oil and natural gas properties are located in Canada, principally in the province of Alberta, with other non-producing holdings in the provinces of Saskatchewan and British Columbia. It holds interests in Kaupulehu Developments, a Hawaii general partnership. Its subsidiary, Water Resources International, Inc., drills water and water monitoring wells of varying depths in Hawaii, installs and repairs water-pumping systems, and is the distributor for Floway pumps and equipment in the state of Hawaii. BARNWELL INDUSTRIES, INC. (NYSEMKT:BRN) Recent Trading Information
BARNWELL INDUSTRIES, INC. (NYSEMKT:BRN) closed its last trading session 00.00 at 1.68 with 5,763 shares trading hands.