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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ak8zXDkKeuoDGkhuHR2p8pGV/wsISwA2tBWzAh9dO5r/d4fyolq9gO1RDYxMqtKS
 Rc7l+J2/kBKm/BkOzWY5KQ==

<SEC-DOCUMENT>0001144204-06-049531.txt : 20061121
<SEC-HEADER>0001144204-06-049531.hdr.sgml : 20061121
<ACCEPTANCE-DATETIME>20061121153524
ACCESSION NUMBER:		0001144204-06-049531
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061025
FILED AS OF DATE:		20061121
DATE AS OF CHANGE:		20061121

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEEP WELL OIL & GAS INC
		CENTRAL INDEX KEY:			0000869495
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				133087510
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		10117 JASPER AVENUE
		STREET 2:		SUITE 510
		CITY:			EDMONTON
		STATE:			A0
		ZIP:			T5J 1W8
		BUSINESS PHONE:		(780) 409-8144

	MAIL ADDRESS:	
		STREET 1:		10117 JASPER AVENUE
		STREET 2:		SUITE 510
		CITY:			EDMONTON
		STATE:			A0
		ZIP:			T5J 1W8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALLIED DEVICES CORP
		DATE OF NAME CHANGE:	19930328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ILLUSTRIOUS MERGERS INC
		DATE OF NAME CHANGE:	19600201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROFF DAVID
		CENTRAL INDEX KEY:			0001098363

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24012
		FILM NUMBER:		061232808

	MAIL ADDRESS:	
		STREET 1:		133 RICHMOND STREET WEST 401
		STREET 2:		TORONTO ONTARIO CANADA M5H 2L3
		CITY:			TORONTO
		STATE:			A6
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v058773_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-10-25</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000869495</issuerCik>
        <issuerName>DEEP WELL OIL &amp; GAS INC</issuerName>
        <issuerTradingSymbol>DWOG.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001098363</rptOwnerCik>
            <rptOwnerName>ROFF DAVID</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10117 JASPER AVENUE, SUITE 510</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EDMONTON</rptOwnerCity>
            <rptOwnerState>A0</rptOwnerState>
            <rptOwnerZipCode>T5J 1W8</rptOwnerZipCode>
            <rptOwnerStateDescription>ALBERTA, CANADA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to acquire)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.71</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-10-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>375000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2011-10-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>375000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>375000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">75,000 of the options vested immediately upon grant, 100,000 options will vest on April 6, 2007 and 100,000 of the options
 will vest on April 6, 2008 and 100,000 of the options will vest on April 6, 2009.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David Roff</signatureName>
        <signatureDate>2006-11-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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