Deep Well Declares Special Distribution of 7 Cents Per Share

Deep Well Oil & Gas is pleased to announce a special one-time distribution to its shareholders. Deep Well's Board of Directors has authorized and declared that the distribution in the amount of US$0.07 per share be payable on September 20, 2013 to the holders of record of all the issued and outstanding shares of common stock of the Corporation as of the close of business on August 16, 2013, (the "Record Date").

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09.08.2013

von Marketwired
Deep Well Raises Funds and Partners With Maurel et Prom Subsidiary, as Work Begins on Demonstration Project at Sawn Lake

Deep Well Oil & Gas is pleased to announce that it has raised $22 million USD in a private placement and signed a farmout agreement with a wholly owned subsidiary of Maurel et Prom to fund our share of the demonstration project at our Sawn Lake heavy oil reservoir in the Peace River oil sands region of Northern Alberta. Deep Well has accepted a private placement from MP West Canada SAS, a wholly owned subsidiary of Maurel [...]

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02.08.2013

von Marketwired