Filing Details
- Accession Number:
- 0001144204-10-063164
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-23 14:59:38
- Reporting Period:
- 2010-11-09
- Filing Date:
- 2010-11-23
- Accepted Time:
- 2010-11-23 14:59:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
869495 | Deep Well Oil & Gas Inc | DWOG.PK | Crude Petroleum & Natural Gas (1311) | 133087510 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1429081 | Malik Youyou | Sadovnicheskeya Nab 69 Moscow 1Z 115035 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2010-11-09 | 28,571,428 | $0.07 | 67,876,681 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants Expired | Disposition | 2007-06-22 | 8,333,333 | $0.00 | 8,333,333 | $0.90 |
Common Stock | Warrants to Purchase | Acquisiton | 2010-11-09 | 28,571,428 | $0.00 | 28,571,428 | $0.11 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
28,138,297 | 2007-06-22 | 2010-06-22 | No | 4 | J | Direct |
56,709,725 | 2013-11-09 | 2013-11-09 | No | 4 | J | Direct |
Footnotes
- Effective on November 9, 2010, Malik Youyou closed a private placement with the Issuer for an aggregate of 28,571,428 units at a price of US$0.07 per unit, for total gross proceeds of US$2,000,000. Each unit is comprised of one common share ("Common Share") and one Common Share purchase warrant ("Whole Warrant") Each Whole Warrant entitles the holder to purchase one additional Common Share at a price of US$0.105 per Common Share for a period of three years from the date of closing. The exercise price of the Whole Warrants will be adjusted from time to time upon the occurrence of certain events, as provided in the warrants. (Continued in Footnote 2).
- The Whole Warrants expire on November 9, 2013.
- On June 22, 2010, 8,333,333 common stock warrants, previously granted to Mr. Malik Youyou on June 22, 2007, expired unexercised.
- Malik Youyou directly owns 61,717,900 shares of common stock of the Issuer. Mr. Malik Youyou also indirectly owns another 6,158,781 shares of common stock of the Issuer through Westline Enterprises Limited a company 100% owned by Malik Youyou.
- Presently Mr. Malik Youyou has exercisable warrants to acquire up to 56,709,725 shares of common stock of the Company.