Barnwell Industries Inc (BRN) USD0.50
Barnwell Industries, Inc. acquires and develops crude oil and natural gas assets in the province of Alberta, Canada through its two subsidiaries, Barnwell of Canada and Octavian Oil. The Company is engaged in acquiring, developing, producing and selling oil and natural gas in Canada and Oklahoma; investing in land interests in Hawaii; and drilling wells and installing and repairing water pumping systems in Hawaii. The Company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. Oil and Natural Gas Segment is engaged in oil and natural gas development, production, acquisitions and sales in Canada and in the United States state of Oklahoma. Land Investment Segment invests in land interests in Hawaii. Contract Drilling Segment provides well drilling services and water pumping system installation and repairs in Hawaii.
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