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Energy prices help Barnwell cut loss

  • JAMM AQUINO / 2005

    Honolulu-based Barnwell Industries Inc. announced Wednesday that it lost $615,000 in the period representing its fiscal second quarter, compared with a $1.6 million loss in the same quarter last year.

A Hawaii company engaged in oil and natural gas production in Canada was able to ride higher energy prices to reduce a financial loss by $1 million in the first three months of this year. Read more

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