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What's New
Reservoir Modeling by Degolyer MacNaughton Jan.26,2012
 
Deep Well Project is commercially viable Jan.11, 2012
 
Deep Well Files 10K for the period ending Sept.30, 2011 with the SEC
Sawn Lake Map
 

Deep Well Oil & Gas, Inc. is an emerging junior oil and gas exploration and production company

 
 

Deep Well Oil & Gas, Inc. through its wholly owned subsidiaries Northern Alberta Oil Ltd. and Deep Well Oil & Gas (Alberta) Ltd. has an 80% working interest in 56 contiguous sections of oil sands leases and a 40% working interest in an additional 12 contiguous sections of oil sands leases in the Peace River oil sands area in Alberta, Canada. Our oil sands leases cover 43,015 gross acres (17,408 gross hectares) of land.

 

Deep Well's management believes that the Sawn Lake Heavy Oil Project is at the same pre-growth stage experienced by other heavy oil companies prior to a major period of growth. 

Other operators targeting the deeper Slave Point Formation have previously drilled much of the land. Because of the earlier extensive exploration for light oil, Deep Well is 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 heavy oil reservoir.

 

 

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© 2011 - Deep Well Oil & Gas, Inc.
Edmonton - Alberta - Canada