Deep Well Oil & Gas, Inc.
DWOG
Other OTC0.00
USD
+0.00
- -
CIK
0000869495
ISIN
US2437981051
CUSIP
243798105
Return %
Stock
S&P500
1Y
-97.90
26.53
3Y
-99.85
76.60
5Y
-99.96
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Horst A. Schmid
- Full Time Employees
- 3
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 10150 – 100 Street Edmonton AB Canada T5J 0P6
- IPO Date
- Nov 17, 1994
- CIK
- 0000869495
- Website
- deepwelloil.com
- Similar Companies
- Business
- Deep Well Oil & Gas, Inc. (DWOG) is an independent exploration and production company focused on acquiring, exploring, developing, and producing oil and natural gas reserves primarily in North America. The company offers crude oil production, natural gas extraction, and related midstream services including gathering, processing, and transportation; its asset portfolio includes conventional and unconventional reservoirs with emphasis on low-risk drilling opportunities and enhanced recovery techniques. Operations span key producing regions such as the Permian Basin in Texas, the Williston Basin in North Dakota, and select assets in Oklahoma and Colorado, targeting institutional investors, energy partners, and local stakeholders in the upstream oil and gas sector. Founded in 2011 and headquartered in Scottsdale, Arizona, Deep Well Oil & Gas maintains a lean operational structure with no major subsidiaries or parent company affiliations, emphasizing cost-efficient development in mature fields. The company's core offerings encompass vertical and horizontal drilling programs, workover operations to optimize existing wells, and proprietary technologies for hydraulic fracturing and water management to maximize resource recovery. In the past two years, Deep Well Oil & Gas completed a significant acquisition of 5,200 net acres in the Permian Basin in Q3 2024, bolstering its drilling inventory by an estimated 150 locations; it also secured a $25 million funding round from private equity investors in early 2025 to fund expansion into carbon capture initiatives. Recent strategic alliances include a joint venture with a major midstream operator for pipeline infrastructure in the Williston Basin, announced in late 2024, and the launch of a new water recycling service line to support sustainable operations. These developments reflect the company's shift toward integrated energy solutions amid evolving market dynamics.