-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 aO+11cvQZJ3OTOMdVdADmg==

<SEC-DOCUMENT>0001181431-09-038452.txt : 20090807
<SEC-HEADER>0001181431-09-038452.hdr.sgml : 20090807
<ACCEPTANCE-DATETIME>20090807144615
ACCESSION NUMBER:		0001181431-09-038452
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090804
FILED AS OF DATE:		20090807
DATE AS OF CHANGE:		20090807

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OSBORNE RICHARD M
		CENTRAL INDEX KEY:			0000923589

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-00643
		FILM NUMBER:		09995039

	MAIL ADDRESS:	
		STREET 1:		8500 STATION ST
		STREET 2:		SUITE 100
		CITY:			MENTOR
		STATE:			OH
		ZIP:			44060

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORNING NATURAL GAS CORP
		CENTRAL INDEX KEY:			0000024751
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS TRANSMISSION & DISTRIBUTION [4923]
		IRS NUMBER:				160397420
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		330 W WILLIAM ST
		STREET 2:		P O BOX 58
		CITY:			CORNING
		STATE:			NY
		ZIP:			14830
		BUSINESS PHONE:		6079363755

	MAIL ADDRESS:	
		STREET 1:		330 W WILLIAM STREET
		STREET 2:		P O BOX 58
		CITY:			CORNING
		STATE:			NY
		ZIP:			14830
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd250021.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-08-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000024751</issuerCik>
        <issuerName>CORNING NATURAL GAS CORP</issuerName>
        <issuerTradingSymbol>CNIG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000923589</rptOwnerCik>
            <rptOwnerName>OSBORNE RICHARD M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>8500 STATION STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 113</rptOwnerStreet2>
            <rptOwnerCity>MENTOR</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>44060</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-08-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>13300</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>15.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>132682</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Warrant (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>15.00</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2009-08-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>13300</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>16.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2007-08-24</value>
            </exerciseDate>
            <expirationDate>
                <value>2011-08-24</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>13300</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>700</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Energy Inc.</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 119,382 shares owned by the Richard M. Osborne Trust, an Ohio trust of which Mr. Osborne is the sole trustee, and 13,300 shares owned by Energy, Inc., a Montana corporation of which Mr. Osborne is Chairman of the Board, CEO and a significant shareholder.  Mr. Osborne disclaims beneficial ownership of the shares owned by Energy, Inc. except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F2">Warrants are owned by Energy, Inc., a Montana corporation of which Mr. Osborne is Chairman of the Board, CEO and a significant shareholder. Mr. Osborne disclaims beneficial ownership of the warrants owned by Energy, Inc. except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Richard M. Osborne</signatureName>
        <signatureDate>2009-08-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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