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13- 6d agoPre-market26.10.19 19:308-KKey event#●●●#●●●
BARNWELL INDUSTRIES INC
Barnwell Industries has released a Q&A document regarding its previously announced agreement to sell its Canadian oil and natural gas business for C$9 million, consisting of C$4 million in cash and a C$5 million royalty interest. The transaction will transfer the business's liabilities and site restoration obligations to the buyer, while Barnwell retains a 5% gross overriding royalty on future drilling. The deal remains subject to shareholder approval and customary closing conditions.…more
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- 10.6Pre-market26.10.06 19:308-KKey event
BARNWELL INDUSTRIES INC
Barnwell Industries has entered into a definitive agreement to sell its Canadian oil and natural gas business to 2798913 Alberta Ltd. for a base purchase price of C$9 million, consisting of C$4 million in cash and a 5% gross overriding royalty valued at C$5 million. The transaction is subject to shareholder approval and customary closing conditions, with an outside date of January 18, 2027. This divestiture is part of the company's broader transformation to simplify operations and pursue new strategic capital opportunities.…more
$0.8726+0.00%vs prev closeView filingShare - 10.5After-hours26.10.06 06:008-KKey event
BARNWELL INDUSTRIES INC
Barnwell Industries has decided to terminate its employee pension plan on or about November 30, 2026, and will revert surplus assets to the company after satisfying all benefit obligations. As of September 30, 2026, the plan holds approximately $12.8 million in assets, with an estimated $3.7 million in surplus funds expected to be available for general corporate purposes.…more
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GlobeNewswire- 10.14Pre-market26.10.14 20:10#●●●
Barnwell Industries Releases Shareholder Q&A Regarding Canadian Oil and Gas Business Sale…more
Barnwell Industries has published a Q&A document to address shareholder inquiries concerning the pending sale of its Canadian oil and gas operations. The disclosure aims to provide clarity on the divestiture process and the company's strategic direction following the transaction.…more
$0.8726+0.00%vs prev closeDetected5m · 30m · 60m · Next dayPLUSShareBenzinga
- 10.6Pre-market26.10.06 19:37
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Barnwell Industries is selling its Canadian oil and natural gas business for C$9 million to simplify its operations and reduce legacy obligations. The company plans to use the increased financial flexibility to pursue new strategic opportunities.…more
$0.8726+0.00%vs prev closeShareBenzinga
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