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4//SEC Filing

DEEP WELL OIL & GAS INC 4

Accession 0001213900-15-005596

CIK 0000869495operating

Filed

Jul 30, 8:00 PM ET

Accepted

Jul 31, 7:03 PM ET

Size

6.6 KB

Accession

0001213900-15-005596

Insider Transaction Report

Form 4
Period: 2015-07-28
Transactions
  • Other

    Warrants for Common Shares

    2015-07-28117,5061,661,065 total(indirect: See footnote)
    From: 2010-11-09Exp: 2016-11-23Common Stock (117,506 underlying)
Footnotes (2)
  • [F1]Pursuant to a subscription agreement dated November 9, 2010, Deep Well Oil & Gas, Inc. (the "Company") completed a private placement with Cambridge Strategies, Inc. ("Cambridge") of which warrants were issued. Each warrant entitles the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of the warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Cambridge agreed to reduce the number of warrants from 428,571 to 311,065 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged.
  • [F2]Cambridge Strategies Inc. is a company owned 50% by Mr. Satya Brata Das (a director of the Company) and 50% owned by his wife.

Issuer

DEEP WELL OIL & GAS INC

CIK 0000869495

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0000869495

Filing Metadata

Form type
4
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 7:03 PM ET
Size
6.6 KB