BARNWELL INDUSTRIES INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BARNWELL INDUSTRIES INC (BRN)
CIK: 0000010048
Period of Report: 2007-09-26

Reporting Person: Gifford Russell M (Director, EVP, CFO, Tres., Secy.)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-24	Common Stock	S	100	$15.24	Disposed	46384	Direct
2007-09-24	Common Stock	S	200	$15.21	Disposed	46184	Direct
2007-09-24	Common Stock	S	5000	$15.20	Disposed	41184	Direct
2007-09-24	Common Stock	S	100	$15.32	Disposed	41084	Direct
2007-09-24	Common Stock	S	100	$15.35	Disposed	40984	Direct
2007-09-24	Common Stock	S	100	$15.60	Disposed	40884	Direct
2007-09-24	Common Stock	S	1200	$14.87	Disposed	39684	Direct
2007-09-24	Common Stock	S	100	$14.91	Disposed	39584	Direct
2007-09-24	Common Stock	S	100	$14.78	Disposed	39484	Direct
2007-09-24	Common Stock	S	500	$14.45	Disposed	38984	Direct
2007-09-24	Common Stock	S	1200	$14.54	Disposed	37784	Direct
2007-09-24	Common Stock	S	2300	$14.55	Disposed	35484	Direct
2007-09-24	Common Stock	S	300	$14.40	Disposed	35184	Direct
2007-09-24	Common Stock	S	900	$14.38	Disposed	34284	Direct
2007-09-24	Common Stock	S	100	$15.02	Disposed	34184	Direct
2007-09-24	Common Stock	S	100	$15.46	Disposed	34084	Direct
2007-09-24	Common Stock	S	500	$15.25	Disposed	33584	Direct
2007-09-24	Common Stock	S	200	$15.26	Disposed	33384	Direct
2007-09-24	Common Stock	S	200	$15.73	Disposed	33184	Direct
2007-09-24	Common Stock	S	400	$15.70	Disposed	32784	Direct
2007-09-24	Common Stock	S	50	$15.60	Disposed	32734	Direct
2007-09-24	Common Stock	S	150	$15.57	Disposed	32584	Direct
2007-09-24	Common Stock	S	100	$15.56	Disposed	32484	Direct
2007-09-24	Common Stock	S	100	$15.31	Disposed	32384	Direct
2007-09-24	Common Stock	A	21000	$1.98	Acquired	53384	Direct
2007-09-26	Common Stock	S	700	$15.00	Disposed	52684	Direct
2007-09-26	Common Stock	S	184	$14.93	Disposed	52500	Direct
2007-09-26	Common Stock	S	300	$15.12	Disposed	52200	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-24	Employee Stock Options	$1.98	M	21000	Disposed	2009-12-05	Common Stock (21000)	Direct