<SEC-DOCUMENT>0001140361-23-005960.txt : 20230210
<SEC-HEADER>0001140361-23-005960.hdr.sgml : 20230210
<ACCEPTANCE-DATETIME>20230210162706
ACCESSION NUMBER:		0001140361-23-005960
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230209
FILED AS OF DATE:		20230210
DATE AS OF CHANGE:		20230210

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Horowitz Joshua
		CENTRAL INDEX KEY:			0001612424

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05103
		FILM NUMBER:		23612430

	MAIL ADDRESS:	
		STREET 1:		72-38 113TH STREET
		STREET 2:		APARTMENT 3L
		CITY:			FOREST HILLS
		STATE:			NY
		ZIP:			11375

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARNWELL INDUSTRIES INC
		CENTRAL INDEX KEY:			0000010048
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				720496921
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		1100 ALAKEA ST.
		STREET 2:		SUITE 500
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813
		BUSINESS PHONE:		808-531-8400

	MAIL ADDRESS:	
		STREET 1:		1100 ALAKEA ST.
		STREET 2:		SUITE 500
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BMA CORP/TN
		DATE OF NAME CHANGE:	19770324

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BARNWELL OFFSHORE INC
		DATE OF NAME CHANGE:	19671101
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<TEXT>
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<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2023-02-09</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000010048</issuerCik>
        <issuerName>BARNWELL INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>BRN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001612424</rptOwnerCik>
            <rptOwnerName>Horowitz Joshua</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ALAKEA CORPORATE TOWER</rptOwnerStreet1>
            <rptOwnerStreet2>1100 ALAKEA STREET, SUITE 500</rptOwnerStreet2>
            <rptOwnerCity>HONOLULU</rptOwnerCity>
            <rptOwnerState>HI</rptOwnerState>
            <rptOwnerZipCode>96813</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>194064</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Palm Global Small Cap Master Fund LP.(1)</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP (&quot;Palm Global&quot;), may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his positions with Palm Global and Palm Management (US) LLC, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global.  Palm Management (US) LLC and the Reporting Person expressly disclaim such beneficial ownership except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <remarks>The appointment of the Reporting Person as a Director to the Board of Directors of Barnwell Industries, Inc. became effective on February 9, 2023.
Exhibit 24 - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Alexander C. Kinzler as Attorney-in-fact for Joshua Horowitz</signatureName>
        <signatureDate>2023-02-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>brhc10048016_ex24.htm
<DESCRIPTION>EXHIBIT 24
<TEXT>
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    <div>
      <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 24</font><br>
      </div>
      <div style="text-align: center;">POWER OF ATTORNEY</div>
      <div><br>
      </div>
      <div>Know all by these presents, that the undersigned hereby constitutes and appoints each of Alexander C. Kinzler and Russell M. Gifford and their successors in office and designees, signing singly, the undersigned's true and lawful attorney-in-fact
        to:</div>
      <div><br>
      </div>
      <div>(1)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;execute and file for and on behalf of the undersigned, in the undersigned&#8217;s capacity as an officer and/or director of Barnwell Industries, Inc. (the &#8220;Company&#8221;), Forms 4 and 5 in accordance with Section 16(a) of the Securities
        Exchange Act of 1934 and the rules thereunder;</div>
      <div><br>
      </div>
      <div>(2)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file
        such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and</div>
      <div><br>
      </div>
      <div>(3)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being
        understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such
        attorney-in-fact&#8217;s discretion.</div>
      <div><br>
      </div>
      <div>The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein
        granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact&#8217;s
        substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the
        request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned&#8217;s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.</div>
      <div><br>
      </div>
      <div>This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 4 and 5 with respect to the undersigned&#8217;s holdings of and transactions in securities issued by the Company, unless earlier
        revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.</div>
      <div><br>
      </div>
      <div>IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> day of February, 2023.</div>
      <div> <br>
      </div>
      <div> <u>/s/ Joshua Horowitz</u><br>
      </div>
      <div>Joshua Horowitz</div>
      <div> <br>
      </div>
      <div> <br>
      </div>
      <div>
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