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Barnwell Industries, Inc. Announces Receipt of Funds From Sale of Investment
HONOLULU, July 28, 2014 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE MKT:BRN) announced today that it received $2,640,000, net of minority interest, for the sale of its interest in Hualalai Resort.
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Hawaii company makes $2.6M on land sale
Kaupulehu Investors LLC, a subsidiary of Barnwell Industries Inc., has netted $2,640,000 for the sale of its interest in Hualalai Resort.
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Barnwell Industries, Inc. (NYSEMKT:BRN) announced on 12 may Oil and natural gas revenues increased $792,000 (14%) and $479,000 (4%) for the three and six months ended March 31, 2014, respectively.