Barnwell Industries, Inc. operates in the Crude petroleum and natural gas sector. Barnwell Industries, Inc. (Barnwell) operates in four segments: Oil and Natural Gas Segment, Land Investment Segment, Contract Drilling Segment and Residential Real Estate Segment. The Company's oil and natural gas segment is engaged in oil and natural gas exploration, development, production and sales in Canada. Its land investment segment invests in land interests in Hawaii. The Company's contract drilling segment provides well drilling services and water pumping system installation and repairs in Hawaii. Its residential real estate segment develops homes for sale in Hawaii. During the fiscal year ended September 30, 2011 (fiscal 2011), the Company acquired 2,560 net acres and drilled four gross (two net) oil wells. During fiscal 2011, it acquired undeveloped land in Saskatchewan at Seagram Lakes (2,560 net acres) and Handel (3,200 net acres). In October 2010, a subsidiary of the Company acquired a cooperative apartment that the Company was leasing as its New York City office. In our complete report available for purchase the company is compared to: Isramco, Inc., Double Eagle Petroleum Company and Panhandle Oil And Gas Incorporation.