Deep Well Oil and Gas (fka DWOG)

[wshaw14]

Looks like production was still ramping up when they shut it in. In the last 8 days of Feb it increased the average for the month by 0 barrels per day. This means they had to average 661 barrels per day for the last 8 days by my calculations.

Bitumen production at the Sawn Lake Demonstration Project reached a steady state production level during January and February 2016 of an average of 615 barrels per day ("BOPD") (307 BOPD net to Andora) with an average instantaneous steam-oil ratio ("ISOR") of 2.1 from the one SAGD wellpair. Bitumen production, on a 100% basis, averaged 603 BOPD with an ISOR of 2.2 in January and 629 BOPD with an ISOR of 2.1 in February. Production results to date are not necessarily indicative of long-term performance or of ultimate recovery and the Sawn Lake demonstration project has not yet proven that it is commercially viable.