Deep Well Oil & Gas, Inc. is an early production stage independent junior oil sands exploration and development company headquartered in Edmonton, Alberta. The Company is publicly listed on the OTCQB Marketplace and trades under the symbol DWOG. The Company's immediate corporate focus is to develop the existing land base that it presently controls in the Peace River oil sands area located in North Central Alberta. The Company is a reporting issuer to the Securities and Exchange Commission (SEC) in the United States and as such files continuous disclosure reports on EDGAR. The Company is also a reporting issuer in Canada and as such, also files continuous disclosure reports on SEDAR. Management believes that the Sawn Lake oil sands project is at the same pre-growth stage experienced by other oil sands companies prior to a major period of growth. Other operators targeting the deeper Slave Point Formation have previously drilled much of the land where our properties are located. Because of the earlier extensive exploration for light oil, we are able to benefit from data collected by others pertaining to the drilling of more than seventy-five wells that penetrated and partially delineated the heart of the Bluesky Formation oil sands reservoir.
Deep Well Oil & Gas, Inc. has two wholly owned subsidiary companies under which it operates its oil sands leases.