Barnwell Industries highlights steady Canadian output
Barnwell Industries, Inc. filed an 8-K to share a press release highlighting key operational results from its first quarter fiscal 2026, focusing on the reliability of its Canadian oil production during the winter operating season.
Rhea-AI Filing Summary
Barnwell Industries, Inc. filed an 8-K to share a press release highlighting key operational results from its first quarter fiscal 2026, focusing on the reliability of its Canadian oil production during the winter operating season.
The company reports production from its Canadian properties of approximately 35,000 barrels of oil, 10,000 barrels of NGLs, and 250,000 thousand cubic feet of natural gas for the quarter, totaling 86,667 barrels of oil equivalent, or about 950 BOEs per day. Management notes minimal operational disruptions in Western Canada despite typical winter challenges and emphasizes the long-life, conventional nature of its Twining oil field assets in Alberta, a politically stable energy region near major North American markets.
Barnwell reiterates its focus on maximizing the value of its energy assets through disciplined operational oversight and capital allocation, directing investors to its recently filed Form 10-Q for additional financial and operational detail.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Barnwell Industries (BRN) disclose in this 8-K filing?
Barnwell Industries filed an 8-K to share a press release summarizing key operational results from its first quarter fiscal 2026 and to highlight the reliability of its Canadian oil production during the winter season, directing investors to its Form 10-Q for more details.
How much oil and gas did Barnwell Industries (BRN) produce in Canada in Q1 2026?
Barnwell reports Canadian production of approximately 35,000 barrels of oil, 10,000 barrels of NGLs, and 250,000 thousand cubic feet of natural gas in the first quarter of fiscal 2026, totaling 86,667 BOEs, or about 950 BOEs per day from its Canadian properties.
What does Barnwell say about operational reliability in its Canadian assets?
Barnwell states it experienced minimal operational disruptions in Western Canada during the winter quarter and continued steady production from its Twining oil field assets, underscoring the resilience of its operating partners and infrastructure in a region known for challenging winter conditions.
Where are Barnwell Industries’ key Canadian energy assets located?
Barnwell’s Canadian crude oil production comes from its interests in the Twining oil field in Alberta, Canada, which it describes as a stable and well-established energy jurisdiction located adjacent to the world’s largest crude oil consuming market in North America.
What strategic focus does Barnwell Industries (BRN) emphasize in this update?
Barnwell emphasizes maximizing the value of its energy assets through disciplined capital allocation and operational oversight, highlighting exposure to long-life, conventional oil production in Alberta and focusing on reliability and performance amid evolving global energy market dynamics.
How can investors access more financial details about Barnwell Industries’ Q1 2026 results?
Investors are directed to Barnwell’s Quarterly Report on Form 10-Q for the first quarter of fiscal 2026, recently filed with the Securities and Exchange Commission, which contains additional financial and operational details beyond the production highlights in the press release.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 4, 2026
(Exact Name of Registrant as Specified in its Charter)
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(Address of Principal Executive Offices) (Zip Code)
(713 ) 730-7026
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On March 4, 2026, Barnwell Industries, Inc. (the “Company”) issued a press release highlighting key operational results from its
recently filed Quarterly Report on Form 10-Q for the first quarter of fiscal year 2026 and emphasizing the continued performance and reliability of the Company’s Canadian oil production during the winter operating season. A copy of the press
release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
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Exhibit
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Description
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99.1
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Press release dated March 4, 2026
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: March 9, 2026
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BARNWELL INDUSTRIES, INC.
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By:
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/s/ Philip F. Patman
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Name:
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Philip F. Patman
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Title:
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Chief Financial Officer and Treasurer
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Exhibit 99.1
Barnwell Industries Highlights Reliable Canadian Oil
Production Amid Global Energy Volatility
HOUSTON, TX, March 4, 2026 — Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today is highlighting key operational results from its
recently filed first quarter fiscal year 2026 Quarterly Report on Form 10-Q, underscoring the continued performance and reliability of the Company’s Canadian oil production during the winter operating season.
Barnwell produces crude oil from its interests in the Twining oil field in Alberta, Canada, a stable and well-established energy jurisdiction located adjacent to the
world’s largest crude oil consuming market. Despite the challenges commonly associated with winter operations in Western Canada, the Company reported minimal operational disruptions during the quarter and continued steady production from its
assets.
During the quarter, Barnwell produced from its Canadian properties approximately 35,000 barrels of oil, 10,000 barrels of NGLs, and 250,000 thousand cubic feet of
natural gas, reflecting a total of 86,667 barrels of oil equivalent (“BOEs”) or approximately 950 BOEs per day, reflecting the continued performance of the Twining field and the resilience of the Company’s operating partners and infrastructure.
“As global energy markets continue to evolve, reliable oil production in politically stable jurisdictions has become increasingly important,” said Philip Patman, Jr,
Chief Financial Officer of Barnwell Industries. “Our assets in Alberta provide exposure to long-life conventional production in one of the most secure energy regions in the world.”
The Company noted that Western Canadian oil production remains strategically positioned to supply North American markets, particularly as global supply dynamics
continue to tighten and geopolitical risks increase in other producing regions.
Barnwell continues to focus on maximizing the value of its energy assets while maintaining disciplined operational oversight and capital allocation.
Additional details regarding Barnwell’s financial results and operations can be found in the Company’s Quarterly Report on Form 10-Q recently filed with the
Securities and Exchange Commission.
About Barnwell Industries, Inc.
Barnwell Industries, Inc. (NYSE: BRN) is a diversified company with operations and interests in energy and related assets. The Company is focused on disciplined
capital allocation, operational excellence, and high-return growth opportunities.
Forward-Looking Statements
Certain information contained in this press release contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current beliefs and expectations of our board and management team that
involve risks, potential changes in circumstances, assumptions, and uncertainties, include various estimates, forecasts, projections of Barnwell’s future performance, and statements of Barnwell’s plans and objectives. Forward-looking statements
include phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “predicts,” “estimates,” “assumes,” “projects,” “may,” “will,” “will be,” “should,” or similar expressions. Although Barnwell believes that its current expectations
are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Any or all of the forward-looking statements may turn out to be incorrect or be affected by inaccurate
assumptions Barnwell might make or by known or unknown risks and uncertainties. These forward-looking statements are subject to risks and uncertainties including risks related to our ability to execute on our strategy and business plan and the
other risks forth in the “Forward-Looking Statements,” “Risk Factors” and other sections of Barnwell’s Annual Report on Form 10-K for the fiscal year ended September 30, 2024 (as amended on Form-10-K/A filed on January 27, 2025) and Barnwell’s
other filings with the Securities and Exchange Commission. Investors should not place undue reliance on the forward-looking statements contained in this press release, as they speak only as of the date of this press release, and Barnwell
expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein.
| COMPANY: |
Barnwell Industries, Inc.
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24 Greenway Plaza, Suite 1800Q
Houston, Texas 77046
Telephone +1 (713) 730-7026
Website: www.brninc.com
| CONTACT: |
Philip F. Patman, Jr.
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Chief Financial Officer and Treasurer
Email: ppatman@brninc.com