0001213900-17-000420.txt : 20170118
0001213900-17-000420.hdr.sgml : 20170118
20170118121103
ACCESSION NUMBER: 0001213900-17-000420
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161123
FILED AS OF DATE: 20170118
DATE AS OF CHANGE: 20170118
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: 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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: YOUYOU MALIK
CENTRAL INDEX KEY: 0001429081
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24012
FILM NUMBER: 17532872
MAIL ADDRESS:
STREET 1: SADOVNICHESKEYA NAB 69
CITY: MOSCOW
STATE: 1Z
ZIP: 115035
4
1
f4112316youyou_deepwell.xml
OWNERSHIP DOCUMENT
X0306
4
2016-11-23
0
0000869495
DEEP WELL OIL & GAS INC
DWOG
0001429081
YOUYOU MALIK
BUILD 2, 17 SKAKOVAYA STR.
MOSCOW
1Z
125040
RUSSIAN FEDERATION
1
0
1
0
Warrant Expired
0.105
2016-11-23
4
J
0
20737662
0.00
D
2010-11-09
2016-11-23
Common Stock
20737662
32006494
D
Warrant Expired
0.105
2016-11-23
4
J
0
31106494
0.00
D
2012-11-23
2016-11-23
Common Stock
31106494
900000
D
Pursuant to a subscription agreement dated November 9, 2010, Deep Well Oil & Gas, Inc. (the "Company") completed a private placement with Mr. Malik Youyou, a director of the Company, of which warrants were issued. Each warrant entitled the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of the warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 28,571,428 to 20,737,662 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged. On November 23, 2016, 20,737,662 warrant shares previously granted to Mr. Youyou, on November 9, 2010, and subsequently amended on July 28, 2015, expired unexercised.
Pursuant to a subscription agreement dated November 23, 2012, the Company closed a private placement with Mr. Youyou, a director of the Company, of which warrants were issued. Each warrant entitled the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of these warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 42,857,142 to 31,106,494 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged. On November 23, 2016, 31,106,494 warrant shares previously granted to Mr. Youyou, on November 23, 2012, and subsequently amended on July 28, 2015, expired unexercised.
Taking into effect that Mr. Youyou directly and indirectly currently has 115,206,091 shares of common stock of the Company and only if Mr. Youyou exercises all of his options to acquire an additional 900,000 shares of Deep Well's common stock, Mr. Youyou would have 50.03% of the issued and outstanding common stock of the Company. Mr. Youyou had not exercised any of these currently outstanding options and without the exercise of Mr. Youyou's outstanding options, Mr. Youyou has a 49.83% ownership of the Company's issued and outstanding common stock. Mr. Youyou currently now has no outstanding warrants of the Company.
/s/ Malik Youyou
2016-12-29