BARNWELL INDUSTRIES INC — Director's Dealing 2006

Aug 18, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BARNWELL INDUSTRIES INC (BRN)
CIK: 0000010048
Period of Report: 1998-12-01

Reporting Person: Steckley Warren Douglas (V.P.-Canadian Operations)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$2.6042	2008-06-01	Common Stock (180000)		Direct

Footnotes

F1: As adjusted for all stock splits from the date of grant through the date hereof.

F2: Twenty percent of the Stock Appreciation Rights (or 36,000 rights) vested on each of the first five anniversaries of the date of grant, and thus all rights became exerciseable as of 06/01/2003.