Deep Well Oil & Gas, Inc. (DWOG) Research

Deep Well Oil & Gas, Inc. (DWOG), operating with its associated entities, functions as a smaller, independent firm dedicated to exploring and developing oil sands resources within Canada. Its primary focus involves locating, acquiring, investigating, and ultimately bringing promising oil sands sites into production. The company maintains significant working interests in several oil sands leases situated in the Peace River region of North Central Alberta, Canada. Specifically, DWOG holds a 90% interest in three leases, a complete 100% interest in another single lease, and a 25% interest in two additional leases. By September 30, 2020, the firm had secured leasehold rights to a total of 13,442 net acres spread across these six oil sands properties. The products derived from DWOG's operations are supplied to marketing facilities located throughout Alberta. The company, originally incorporated in 1988, was previously known as Allied Devices Corporation. It adopted its current name, Deep Well Oil & Gas, Inc., in September 2003, and its corporate headquarters are located in Edmonton, Canada.

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