Business
Barnwell Industries Highlights Reliable Canadian Oil Production Amid Global Energy Volatility
HOUSTON, TX / ACCESS Newswire / 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 ...
About this update from Barnwell Industries, Inc.
[{"type":"text","content":"HOUSTON, TX / ACCESS Newswire / 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.","length":411,"tagName":"p"},{"type":"text","content":"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.","length":419,"tagName":"p"},{"type":"text","content":"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.","length":421,"tagName":"p"},{"type":"text","content":""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."","length":366,"tagName":"p"},{"type":"text","content":"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.","length":240,"tagName":"p"},{"type":"text","content":"Barnwell continues to focus on maximizing the value of its energy assets while maintaining disciplined operational oversight and capital allocation.","length":148,"tagName":"p"},{"type":"text","content":"Additional details regarding ...