Highest-materiality recent filing
Barnwell Industries highlights Canadian oil assets value amid rising oil prices and strategic review
Barnwell produces about 950 boe/d from Twining oil field in Alberta, Canada, with long-life conventional reserves.
Barnwell Q1 Canadian production averages 950 BOE/day with minimal winter disruption
Produced ~86,667 BOEs (950 BOE/day) from Canadian properties in Q1 FY2026.
Barnwell Industries enters ATM equity facility with Roth Capital for up to $50M; initial limit $3.2M
Entered Sales Agreement with Roth Capital Partners for at-the-market offering of common stock up to $50M aggregate.
Barnwell Q1 revenue falls to $2.75M, net loss narrows to $1.41M
Revenue from continuing ops $2.746M (-30% YoY); net loss $1.412M ($0.13/share) vs $1.600M ($0.16) prior year.
Barnwell Industries adopts poison pill with 20% trigger, $7 exercise, expiring July 29, 2026
One Right per share issued to holders of record Feb 13, 2026; exercise price $7.00 per share.
Barnwell reports $7.1M net loss for FY2025; sells U.S. oil & gas assets, raises $2.4M
Revenue from continuing ops $13.7M; net loss $7.1M ($0.71/sh) vs prior year loss increase driven by one-time costs.
Barnwell Industries raises $2.4M via PIPE at $1.10/share; appoints new director
Raised ~$2.4M by selling 2.2M shares at $1.10 each in a private placement led by Bradley Radoff.
Barnwell reduces quorum to 33 1/3% for 2025 annual meeting amid proxy contest with Sherwood
Board amended bylaws to reduce quorum from majority to 33 1/3% on a one-time basis for the 2025 meeting.
Barnwell reports Q3 loss of $0.15/share; sells U.S. oil & gas assets for $2.3M; going concern doubt
Net loss from continuing ops $1.55M ($0.15/share) vs prior year loss $1.018M ($0.10/share); revenue $3.19M down 29% YoY.
BRN consent solicitation: two directors removed, one elected, bylaw restored
Sherwood Group consent solicitation certified May 16: Proposal 1 (repeal board bylaw amendment) approved with 53.43% consent.
On May 30, 2025, Ms. Heather Isidoro notified the Board of Directors (the “Board”) of Barnwell Industries, Inc. (the “Company”) that she resigned as a director of the Company, effective May 30, 2025.
As discussed in Item 5.07 below, the requisite written consents were received with respect to Proposal 1, and with respect to Proposals 2 and 3, the requisite written consents were received to remove Mr. Kinzler and Mr. Woodrum from the Board and to elect Ms. Isidoro to the Board.
On May 16, 2025, following the certification by the independent inspector of elections of the Consent Solicitation results, Ms. Isidoro was elected to the Board.
As discussed in Item 5.07 below, the requisite written consents were received with respect to Proposal 1, and with respect to Proposals 2 and 3, the requisite written consents were received to remove Mr. Kinzler and Mr. Woodrum from the Board and to elect Ms. Isidoro to the Board.
Max materiality 0.85 · Median 0.60 · Most common event other_material