secwatch.observer — SEC 8-K summary
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Issuer:     BARNWELL INDUSTRIES INC (BRN)
CIK:        0000010048
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001140361-22-046080
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Barnwell Industries acquires 22.3% working interest in Permian Basin acreage for $5.1M
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- Acquired 22.3% non-operated working interest in Permian Basin leasehold for $805,651.
- Also acquired 15.4% non-operated working interest in two planned oil wells.
- Prepaid $4,293,162 as share of estimated drilling, completion, and equipping costs.
- Total cash outlay of approximately $5.1M, paid from available cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10048/000114036122046080/0001140361-22-046080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10048/000114036122046080/brhc10045526_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-046080

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