Barnwell Industries, Inc., through its subsidiaries, acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through four segments: Oil and Natural Gas, Land Investment, Contract Drilling, and Residential Real Estate. It holds working interests in oil and natural gas properties located in the Progress area of Alberta, Canada; and investments in non-producing holdings in the provinces of Saskatchewan and British Columbia. The company also invests in land interests in Hawaii. In addition, it owns and operates four water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; drills water and water monitoring wells of various depths; installs and repairs water pumping systems; and distributes Floway pumps and equipment in Hawaii. Further, the company develops luxury residences for sale in Hawaii. Barnwell Industries, Inc. was founded in 1956 and is headquartered in Honolulu, Hawaii.