Barnwell

Barnwell Industries, Inc. Files Definitive Proxy and Sends Letter to Stockholders

Retrieved on: 
Monday, March 2, 2020
SEC filings, Corporations, Shareholders, Corporate law, Proxy, Business, Barnwell, Board of directors, Articles

The Barnwell Board of Directors (the Board) recommends that stockholders support the current Barnwell team and strategy, which is already delivering positive results, by voting theWHITE proxy cardFORBarnwells seven highly qualified director nominees, six of whom are independent.

Key Points: 
  • The Barnwell Board of Directors (the Board) recommends that stockholders support the current Barnwell team and strategy, which is already delivering positive results, by voting theWHITE proxy cardFORBarnwells seven highly qualified director nominees, six of whom are independent.
  • In connection with the filing of the definitive proxy statement, Barnwell mailed a letter to stockholders.
  • Barnwell has successfully navigated decades of commodity price cyclicality and expects to continue to do so for the benefit of all our stockholders.
  • MANAGEMENT HAS NOMINATED A STRONG, REFRESHED BOARD COMMITTED TO MAINTAINING OUR CURRENT PROGRESS AND CREATING VALUE FOR ALL STOCKHOLDERS.

Barnwell Industries, Inc. Provides Update on its Operations

Retrieved on: 
Wednesday, February 26, 2020
Barnwell, Twining, Forward-looking statement

HONOLULU, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (Barnwell, the Company, we or our) (NYSE American: BRN) is pleased to provide an update on recent developments with respect to its businesses and operations.

Key Points: 
  • HONOLULU, Feb. 26, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (Barnwell, the Company, we or our) (NYSE American: BRN) is pleased to provide an update on recent developments with respect to its businesses and operations.
  • Barnwell was very selective in its search for a new area that fit our criteria and was very fortunate to acquire the Twining asset.
  • We feel that there is significant oil to be recovered at Twining through modern horizontal drilling and multi-stage fracing techniques.
  • The Company does not undertake any obligation to update or revise these forward-looking statements except as required by law.

MRMP-Managers LLC and Barnwell Industries’ Largest Independent Shareholder Group Demands the Board Immediately Hold a Shareholders Meeting

Retrieved on: 
Tuesday, February 4, 2020
Banking, Professional services, Finance, Shareholders, Barnwell, Annual general meeting

We were recently very disappointed to learn that Barnwell has delayed calling the annual shareholders meeting normally scheduled for March of each year.

Key Points: 
  • We were recently very disappointed to learn that Barnwell has delayed calling the annual shareholders meeting normally scheduled for March of each year.
  • In our opinion, delaying the annual meeting coupled with the Deficiency Letter are yet more justifications for a new board.
  • We call on Barnwell to call and hold a shareholder meeting as required by law.
  • Ned L. Sherwood, Bradley M. Tirpak, NLS Advisory Group, Inc., and MRMP-Managers LLC, and their nominees to the Barnwell board are the participants in this proxy solicitation.

MRMP-Managers LLC and Barnwell Industries’ Largest Independent Shareholder Group Increases Position in the Company

Retrieved on: 
Thursday, January 2, 2020
Consulting, Professional services, Finance, Barnwell, NLS

MRMP-Managers LLC, NLS Advisory Group, Inc., Ned L. Sherwood, and Bradley M. Tirpak announced today that they have sent the following press release and announcement to shareholders of Barnwell Industries, Inc. (NYSE American: BRN) (Barnwell).

Key Points: 
  • MRMP-Managers LLC, NLS Advisory Group, Inc., Ned L. Sherwood, and Bradley M. Tirpak announced today that they have sent the following press release and announcement to shareholders of Barnwell Industries, Inc. (NYSE American: BRN) (Barnwell).
  • This occurred despite the Company investing $13 million in the Twining acquisition within that division during the previous 2018 fiscal year.
  • We recently bought over 275,000 shares in the company because we remain firmly committed to fixing Barnwell.
  • Ned L. Sherwood, Bradley M. Tirpak, NLS Advisory Group, Inc., and MRMP-Managers LLC, and their nominees to the Barnwell board are the participants in this proxy solicitation.

MRMP-Managers LLC and Barnwell Industries’ Largest Independent Shareholder Group, Sends Letter to Shareholders

Retrieved on: 
Thursday, December 5, 2019
Consulting, Professional services, Finance, Barnwell

MRMP-Managers LLC, NLS Advisory Group, Inc., Ned L. Sherwood and Bradley M. Tirpak, announced today that they have sent the following letter to shareholders of Barnwell Industries, Inc. (NYSE American: BRN) (Barnwell).

Key Points: 
  • MRMP-Managers LLC, NLS Advisory Group, Inc., Ned L. Sherwood and Bradley M. Tirpak, announced today that they have sent the following letter to shareholders of Barnwell Industries, Inc. (NYSE American: BRN) (Barnwell).
  • We are the largest independent Shareholder group of Barnwell stock.
  • They continue to pay themselves a fortune while shareholders suffer from what we believe have been poor strategic decisions.
  • Ned L. Sherwood, Bradley M. Tirpak, NLS Advisory Group, Inc., and MRMP-Managers LLC, and their nominees to the Barnwell board are the participants in this proxy solicitation.