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Barnwell Industries Completes Sale of Hawaii Development Interests

PUBLIC · BRNSep 16, 2026about 2 hours ago

Acquiring Company

Barnwell Industries

Acquired Company

David Johnston

HonoluluAlbaniaEnergyOil And GasReal Estate

Description

On September 15, 2026, Barnwell Industries, Inc. completed the sale of its remaining Hawaii development interests to David Johnston. This transaction involved the sale of Barnwell Hawaiian Properties, Inc.'s interests in various limited partnerships. The sale was executed in accordance with a Purchase and Sale Agreement dated July 31, 2026. The details include the transfer of limited and general partner interests from Barnwell's subsidiaries.

Company Information

Company

Barnwell Industries

Location

Honolulu, Hawaii, United States

About

Barnwell Industries, Inc. is an energy company focused on natural gas and oil assets. The company has a strong foundation in the energy platform and extensive experience in SEC reporting and regulatory matters.

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M&A Insights

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Integration timeline
70% of M&A integrations take 12-24 months to complete
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83% of merged companies consolidate technology vendors within first year
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Companies increase IT spending by 23% on average after acquisitions
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Frequently asked

Who acquired David Johnston?

David Johnston was acquired by Barnwell Industries, based in Honolulu. The deal was reported on September 16, 2026. Barnwell Industries, Inc. is an energy company focused on natural gas and oil assets. The company has a strong foundation in the energy platform and extensive experience in SEC reporting and regulatory matters. Barnwell Industries is publicly traded (BRN) and operates in Energy.

When did Barnwell Industries acquire David Johnston?

Barnwell Industries's acquisition of David Johnston was reported on September 16, 2026. On September 15, 2026, Barnwell Industries, Inc. completed the sale of its remaining Hawaii development interests to David Johnston. This transaction involved the sale of Barnwell Hawaiian Properties, Inc.'s interests in various limited partnerships. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does David Johnston do?

David Johnston is identified as the buyer in the transaction involving Barnwell Industries, Inc. and its subsidiaries. The specifics of his operational background are not provided in the filing. It is privately held, operating in Real Estate, and is based in Albania.

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