Home > Insider Trading > Filing (0001144204-12-067537)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
869495	Deep Well Oil & Gas Inc	DWOG	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 Shares	Acquisiton	2012-11-23	42,857,142	$0.07	110,733,823	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 to Purchase	Acquisiton	2012-11-23	42,857,142	$0.00	42,857,142	$0.11

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
86,164,285	2012-11-23	2015-11-23	No	4	J	Direct

Footnotes

Effective on November23, 2012, Malik Youyou closed a private placement with the Issuer for an aggregate of 42,857,142 units at a price of US$0.07 per unit, for total gross proceeds of US$3,000,000. 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 up to an additional 42,857,142 shares of the Issuer's common stock, 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 23, 2015.
Mr. Youyou directly now owns 104,575,042 shares of common stock of the Issuer. Mr. Youyou also indirectly owns another 6,158,781 shares of common stock of the Issuer through Westline Enterprises Limited a company 100% owned by Mr. Youyou.
Presently Mr. Youyou has exercisable warrants to acquire up to 71,428,570 shares of common stock of the Issuer. In addition, Mr. Youyou currently has options to purchase up to 450,000 shares of common stock (which is included in column 9 above) at an exercise price of $0.14 per common share of which 150,000 vested immediately upon grant and another 150,000 vested on March 23, 2012, the remaining 150,000 options will vest on March 23, 2013.