SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 8-K/A

                                 CURRENT REPORT

         Pursuant to Section 13 or 15(d) of the Securities Exchange Act

                                February 9, 2004
                                 Date of Report
                        (Date of Earliest Event Reported)

                            DEEP WELL OIL & GAS, INC.
                            -------------------------
             (Exact Name of Registrant as Specified in its Charter)

         Nevada                     0-24012                  13-3087510
         ------                     -------                  ----------
 (State of Incorporation)    (Commission File No.)     (IRS Employer I.D. No.)

                         Suite 3175 246 Stewart Green SW
                        Calgary, Alberta, Canada T3H 3C8
                        --------------------------------
                    (Address of Principal Executive Offices)

                                 (403) 686-6104
                                 --------------
              (Registrant's Telephone Number, including area code)



Item 4. Changes in Registrant's Certifying Accountant

(a)(1) On February 9, 2004, Deep Well Oil & Gas, Inc. ("the Registrant") changed
       accountants from Sellers & Andersen, L.L.C. to Madsen & Associates,
       CPA's, Inc.

          (i)  The Registrant decided to dismiss Sellers & Andersen, L.L.C. as
               its independent accountants.

         (ii)  Sellers & Andersen, L.L.C.'s report on the financial statements
               for the period from September 10, 2003 to September 30, 2003 as
               contained in Forms 10-K and 10-K/A, which were filed on January
               5, 2004 and January 28, 2004, respectively, were not subject to
               an adverse or qualified opinion or a disclaimer of opinion and
               were not modified as to uncertainty, audit scope or accounting
               principles for the period from September 10, 2003 to September
               30, 2003 or for either of the past two years. Sellers & Andersen,
               L.L.C.'s report on the financial statements for the period from
               September 10, 2003 to September 30, 2003 raises substantial doubt
               about the Registrant's ability to continue as a going concern and
               that continuation of the Registrant as a going concern is
               dependent upon obtaining additional working capital.

        (iii)  The decision to change accountants was approved by the
               Registrant's Board of Directors; and

         (iv) (A) During the period from our engagement of Sellers & Andersen,
                  L.L.C. on March 20, 2003 to the date we dismissed Sellers &
                  Andersen, L.L.C. on February 9, 2004, there were no
                  disagreements with Sellers & Andersen, L.L.C. related to
                  accounting principles or practices, financial statement
                  disclosure, or auditing scope or procedure, which
                  disagreements if not resolved to the satisfaction of Sellers
                  & Andersen, L.L.C. would have caused Sellers & Andersen,
                  L.L.C. to make reference to the subject matter of the
                  disagreement in connection with its report.

              (B) Not applicable

              (C) Not applicable

              (D) Not applicable

              (E) Not applicable

   (2) On February 9, 2004, the Registrant engaged Madsen & Associates, CPA's
       Inc. as its independent accountants.

          (i)  The Registrant did not consult with Madsen & Associates, CPA's,
               Inc., its new independent accountants, regarding any matter prior
               to its engagement; and

         (ii)  Not applicable

   (3) The Registrant has provided to Sellers & Andersen, L.L.C., its former
       accountant, a copy of the disclosures contained in this Item 4 and the
       Registrant has requested a letter from Sellers & Andersen, L.L.C.
       addressed to the Commission, confirming certain statements made by the
       Registrant in this Item 4. A copy of this letter is attached hereto.

(b) Not applicable


Item 7  FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS

(a) Not applicable

(b) Not applicable

(c) Exhibits
    (16.1) Letter from Sellers & Andersen, L.L.C. pursuant to Item 304(a)(3)
           of Regulation S-B.



                                   SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this Current Report on Form 8-K to be signed on
its behalf by the undersigned hereunto duly authorized.

DEEP WELL OIL & GAS, INC.


DATED: April 28, 2004             /s/ Steven Gawne
                                  Steven Gawne
                                  President,
                                  Chief Executive Officer