f8k081913_deepwell.htm

0001213900-13-004829.txt : 20130827 0001213900-13-004829.hdr.sgml : 20130827 20130827104116 ACCESSION NUMBER: 0001213900-13-004829 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130819 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130827 DATE AS OF CHANGE: 20130827 FILER: 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: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24012 FILM NUMBER: 131061777 BUSINESS ADDRESS: STREET 1: SUITE 700 STREET 2: 10150 - 100 STREET CITY: EDMONTON STATE: A0 ZIP: T5J 0P6 BUSINESS PHONE: (780) 409-8144 MAIL ADDRESS: STREET 1: SUITE 700 STREET 2: 10150 - 100 STREET CITY: EDMONTON STATE: A0 ZIP: T5J 0P6 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 8-K 1 f8k081913_deepwell.htm CURRENT REPORT f8k081913_deepwell.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 19, 2013

DEEP WELL OIL & GAS, INC.

(Exact name of registrant as specified in its charter)

NEVADA	0-24012	13-3087510
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
incorporation)		Identification No.)

Suite 700, 10150 – 100 Street, Edmonton, Alberta, Canada		T5J 0P6
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (780) 409-8144

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

In September of 2009, Deep Well Oil & Gas, Inc. through its 100% owned subsidiaries, Northern Alberta Oil Ltd. and Deep Well Oil & Gas (Alberta) Ltd. (collectively “Deep Well” or the “Company”) applied to the Alberta Energy Regulator (“AER”) for a commercial bitumen recovery scheme for potential thermal development using cyclical steam stimulation (“CSS”) on one of Deep Well’s vertical wells. In October of 2010, this initial application was approved by the AER. In February 2012, Deep Well filed an application with the AER to modify its previously approved CSS application to use horizontal well CSS instead of vertical well CSS and on August 19, 2013, Deep Well received approval from the AER on the modified application submitted by Deep Well for a thermal recovery development project using Horizontal CSS (“HCSS”).

Item 9.01 Financial Statements and Exhibits.

The Company issued a press release on August 27, 2013 announcing its AER approval, which is filed herewith as Exhibit 99.1.

(a) Financial Statements

Not Applicable.

(d) Exhibits to subject matter reported on this Form 8-K

Exhibit No.		Description
99.1		Press Release dated August 27, 2013, filed herewith.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

	DEEP WELL OIL & GAS, INC.


Date: August 27, 2013	By:	/s/ Horst A. Schmid
		Dr. Horst A. Schmid
		President and CEO

EX-99.1 2 f8k081913ex99i_deepwell.htm PRESS RELEASE DATED AUGUST 27, 2013 f8k081913ex99i_deepwell.htm

EXHIBIT 99.1

NEWS RELEASE

Alberta Energy Regulator Approves Application for

HCSS Demonstration Project on Deep Well’s Lands.

August 27, 2013 – 08:00 EDT

EDMONTON, ALBERTA - (Marketwire) Deep Well Oil & Gas, Inc. (and its subsidiaries Northern Alberta Oil Ltd. and Deep Well Oil & Gas, Inc. – “Deep Well” or “Company”) (OTCQB Marketplace: DWOG) is pleased to announce that the Alberta Energy Regulator (“AER”, formerly known as the Energy Resources Conservation Board or ERCB) has approved an application previously submitted by the Company to the AER for development using Horizontal Cyclical Steam Stimulation (“HCSS”), planned for the thermal recovery project on one half section of land located at section 10-92-13W5 near Sawn Lake, Alberta. This approval is related to lands presently owned 90% by Deep Well. MP West Canada SAS, a wholly owned subsidiary of Saint-Aubin Energy (owned 1/3 by Maurel et Prom and 2/3 by MPI, two listed companies based in Paris, France), in addition to the previously announced SAGD project, has the option to participate for up to a 45% working interest in this HCSS project by committing an additional US$110,000,000 of funding.

In September of 2009, Deep Well applied to the AER for a commercial bitumen recovery scheme to evaluate one of our wells for potential development using cyclical steam stimulation (“CSS”) on one of our vertical wells. In October of 2010, this application was approved by the AER. In February 2012, Deep Well filed an application with the AER to modify its previously approved CSS application to use an HCSS recovery process instead of vertical well CSS.

The modification of Deep Well’s production plan arose from reservoir modeling by DeGolyer and MacNaughton Canada (“D&M”). These models showed the results of thermal recovery using Horizontal CSS optimized the recovery factors for certain areas of Deep Well’s reservoir.

This AER approval for Deep Well’s planned thermal recovery project near Sawn Lake on one half section of land located at section 10-92-13W5 is the approval that was needed before significant work could begin.

This news release contains forward-looking statements, including those related to anticipated operations and timing of production from the Sawn Lake area. The words or phrases "would be," "to be," "will allow," "intends to," "will likely result," "expected," "will continue," "is anticipated," "potential," "recovery, " "recoverable," "recoverability, " "estimate," "forecast," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the Company's proposed oil and gas related business and described in this news release. The Company's business and the realization of the results contemplated by this news release are subject to various risks, which are discussed in the Company's filings with the SEC. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this news release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward- looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Contact Information:

Deep Well Oil & Gas, Inc.

(780) 409-8144

info@deepwelloil.com