Last $0.10 USD
Change Today +0.01 / 11.11%
Volume 170.7K
DWOG On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

deep well oil & gas inc (DWOG) Snapshot

Open
$0.09
Previous Close
$0.09
Day High
$0.10
Day Low
$0.09
52 Week High
06/5/14 - $0.42
52 Week Low
01/20/15 - $0.08
Market Cap
22.9M
Average Volume 10 Days
72.8K
EPS TTM
$-0.0086
Shares Outstanding
229.4M
EX-Date
08/14/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DEEP WELL OIL & GAS INC (DWOG)

Related News

No related news articles were found.

deep well oil & gas inc (DWOG) Related Businessweek News

No Related Businessweek News Found

deep well oil & gas inc (DWOG) Details

Deep Well Oil & Gas, Inc., together with its subsidiaries, operates as an independent junior oil and gas exploration and development company in Canada. It is involved in exploring for, developing, producing, and selling crude oil and natural gas. The company has a 90% working interest in 51 contiguous sections on 6 oil sands leases; a 100% working interest in 5 sections on 1 oil sands lease; and a 25% working interest in an additional 12 contiguous sections on 2 oil sands leases in the Peace River oil sands area of North Central Alberta, Canada. Its leases cover approximately 43,015 gross acres. The company was formerly known as Allied Devices Corporation and changed its name to Deep Well Oil & Gas, Inc. in September 2003. Deep Well Oil & Gas, Inc. was founded in 1988 and is headquartered in Edmonton, Canada.

3 Employees
Last Reported Date: 01/13/15
Founded in 1988

deep well oil & gas inc (DWOG) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: --
Chief Financial Officer, Treasurer, Secretary...
Total Annual Compensation: C$180.0K
Compensation as of Fiscal Year 2013.

deep well oil & gas inc (DWOG) Key Developments

Deep Well Oil & Gas, Inc. announced delayed annual 10-K filing

On 12/23/2014, Deep Well Oil & Gas, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Deep Well Announces Results of One-Well-Pair Pilot

Deep Well Oil & Gas, Inc. has announced the results of its one-well-pair SAGD pilot at Sawn Lake in north-central Alberta. The well pair was drilled in the fourth quarter of 2013 to a depth of 650 metres and a horizontal length of 780 metres. After steam-generation, water-handling and oil-treating facilities were installed in 2014, steam injection began on May 21. Bitumen production began on Sept. 16. Results to date indicate that the SAGD production process works in this Bluesky formation reservoir. The company said bitumen sales averaged 221 bbls a day halfway through the third 30-day period since SAGD startup. The company expects production to increase over the next several months. The pilots objective was to establish that SAGD works in the Bluesky formation, and Deep Well said results to date support this. The company expects to achieve commercial rates in early March 2015, when reservoir modeling predicts the steam chamber will reach the top of the Bluesky sands. Deep Well said maximum production is expected to occur around September 2015 which would be the end of the first 12 months of production.

Deep Well Oil & Gas, Inc. Announces Preliminary Results of the Sawn Lake Steam Assisted Gravity Drainage Demonstration Project

Deep Well Oil & Gas, Inc. announced preliminary results of the Sawn Lake Steam Assisted Gravity Drainage Demonstration Project. For Phase 1 of the SAGD demonstration project, one SAGD well pair was drilled in the fourth quarter of 2013 to a depth of 650 meters and a horizontal length of 780 meters. After the construction of the SAGD facility for steam generation, water handling and oil treating was completed in 2014, steam injection commenced on May 21, 2014. The objective of this initial pilot well pair was to establish that the SAGD process works in the Bluesky formation reservoir, and results to date support this.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DWOG:US $0.10 USD +0.01

DWOG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for DWOG.
View Industry Companies
 

Industry Analysis

DWOG

Industry Average

Valuation DWOG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 486.7x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 437.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DEEP WELL OIL & GAS INC, please visit www.deepwelloil.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.