Deep Well Oil & Gas is providing an update for our Steam Assisted Gravity Drainage oil sands project at Sawn Lake, Alberta. DWOG holds a 25% working interest in the demonstration project, which commenced in 2013 located at Sawn Lake. The demonstration project consists of one SAGD well pair drilled to a depth of 650 meters and a horizontal length of [...]
Deep Well Oil & Gas is pleased to announce a production update of our joint Steam Assisted Gravity Drainage project located in the Peace River oil sands area of Alberta. Our SAGD Project production rate at the end of 11 months exceeded the average rate forecasted for the first year by 76% of the "Proved Plus Probable" production type curve [...]
The Board of Directors of Deep Well Oil & Gas is pleased to announce that the Company's Annual General Meeting of its Shareholders will be held in Edmonton on Tuesday the 29th of September, 2015, at 14:00 MT, in the Leduc Room of The Westin Hotel, located at 10135 - 100 Street, Edmonton T5J 0N7. This information will be disclosed in the Company's [...]
Deep Well Oil & Gas is pleased to announce the following operations update on its joint Steam Assisted Gravity Drainage project located in Sawn Lake. The SAGD well pair was drilled to a vertical depth of approximately 650 m with a horizontal length of 780 meters each. Steam injection began in May 2014 and circulated for up to four months with [...]
Deep Well Oil & Gas is pleased to announce preliminary results of the Sawn Lake SAGD 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 m and a horizontal length of 780 m. After the construction of the SAGD facility for steam generation, water handling [...]
Deep Well Oil & Gas is pleased to announce the appointment of Mr. Colin Philip Outtrim to the Board of Directors of Deep Well Oil & Gas. Over the course of 40 years, Mr. Outtrim, BASc., P. Eng., ICD.D, petroleum engineer with broad experience in the global oil and gas industry, has been President, CEO and Senior Manager of three engineering [...]
Deep Well Oil & Gas will be announcing at a meeting of its shareholders later today that the development of its Sawn Lake Heavy Oil Project is progressing. Our target for 2014 was to initiate production from a single SAGD well pair. We are pleased to announce that on September 16, bitumen production commenced. It is anticipated that a stable daily [...]
Deep Well Oil & Gas is pleased to announce that it has acquired and cancelled 5.5% of a purported 6.5% overriding royalty interest claim on certain lands it owns from two separate parties at a total cost of $3,442,124 US. While Deep Well does not admit the validity of these alleged overriding royalty interest claims on any lands it owns, Deep Well [...]
EDMONTON, ALBERTA--(Marketwired - Jun 18, 2014) - The Board of Directors of Deep Well Oil & Gas, Inc. ("Deep Well" or "Company") (OTCQB:DWOG) is pleased to announce that it has officially called a Shareholder Meeting of the Company (the "Meeting") to be held in Edmonton, Alberta on Wednesday the 17th of September, 2014, at a time and place to be [...]
EDMONTON, ALBERTA--(Marketwired - May 28, 2014) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) wishes to announce that we have been informed by the operator that steam is being injected into our pilot project wells at Sawn Lake. Once steam communication is established between the two wells, then the oil [...]
EDMONTON, ALBERTA--(Marketwired - May 21, 2014) - Deep Well Oil & Gas, Inc. (OTCQB:DWOG) is pleased to announce that Mr. Curtis J. Sparrow, P.Eng., MBA, Chief Financial Officer, will be a featured presenter at the SeeThruEquity's Microcap Investor Conference on May 28, 2014 at 10:30 am. The conference will be held at the Convene Grand Central in [...]
EDMONTON, ALBERTA--(Marketwired - May 6, 2014) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) wishes to announce that the SAGD steam plant and water handling facility is mechanically complete and has been turned over from the Construction Management Team to Operations for start-up. We have been informed [...]
