Monday, September 29, 2008

Barnwell Industries, Inc. (BRN)

When I used google to screen for some energy related companies Barnwell Industries was one of the ones that popped up.

Barnwell is in four businesses

1. Oil and natural gas exploration, development, production and sales in Canada.

2. Land investment. Leasehold interests in real estate in Hawaii.

3. Real estate development of single family home.

4. Contract drilling and water pump system installation and repairs in Hawaii.

They're too heavy into real estate to be of much investment interest right now.

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