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Barnwell Industries, Inc. operates primarily in oil and natural gas exploration, production, and development in Alberta, Canada, Oklahoma, and Texas. It also holds land investments in Hawaii and provides water well drilling and pump installation services there. The company’s core business model focuses on managing oil and gas assets with low decline rates, land interests in Hawaiian real estate, and contract drilling services, targeting energy markets and land developers with a diversified revenue base.
This description was generated via AI from an annual report. Updated about 1 year ago.