Any comments now?
having the sec initiate revocation proceedings is usually not a good sign.
Obviously what we say here makes no difference. Makes one wonder if you really did talk to the old Horse all those times over the years. Guy is probably in a nursing home at this point. And true why not just sell. Maybe because at this price it wouldn't cover the $9.95 commission.
Your opinion is "We are worthless regardless of what couple goofs on this board say. " If this is the case, why waste time here? It is just as worthless to sell. I will hold what I have. The oil is still there and test well has proven very low steam oil ratio. I have seen many companies with proven resources rise from the ashes. I am not saying this one definitely will, but the odds are very good if one has the patience. Trashing the company will make no difference either way.
Enforcement actions against Andora’s 25% working interest Sawn Lake partners will continue in the third quarter.
CanAsia will either seek to farmout a portion of Andora’s interest, or outright sale of the asset. The Company plans
to participate in an onshore Thailand bid round that will likely be announced in 2023, possibly in late third quarter.
We are worthless regardless of what couple goofs on this board say.
i thought had wells oil & natural gas
Point of your post? I mean it has been worthless for years now.
W0W, not a whole lot they can do until the senior partner is ready to. DWOG owns only 25% of the SAGD project. As far as drawing a pay check, who cares, they are being paid by Canasia energy (along with all other Corperate expenses. I am surprised we have not heard anything from CanAasia in a while though. I admire Horst and hope all is well with him, but Curtis Sparrow is capable of running the company if need be. I believe they are doing all they can at this point.
Can guarantee these guys aren't doing jack. Other then collecting pay for doing squat. Probably subsidizing the nursing home. Hasn't done anything in 10+ years.
Horst is 90 years old.
thank you as always we don't even know if either or both are working at the company or
even still ALIVE ...don't forget their costs are covered ...i assume those costs include
expenses pertaining to filing their required financial reports ...the ongoing delinquency
in their SE.C. reporting is just more of the two ancient relics holding up their senescent
middle fingers to every public shareholder
obviously i dont mind paying one hundred dollars per million shares because as you have
continuously stated the asset is still in place and will always remain so and will eventually
but to in any way excuse the actions or lack thereof of these two miscreants who have
deliberately destroyed shareholder current liquidity is totally illogical
I have had no reply to my last two messages that I have sent. There is really nothing they could tell me anyway, because anything they have would likely be insider info. The oil is still in the ground and will eventually come out. I believe with Canasia now in the drivers seat it will be relatitively soon. JMHO
Only 1000 shares so that is 0.001
Not even a penny worth of money. 1/10th of a penny. How does that even happen? Bizarre.
And we will sit here basically untradeable at 0.001 until we get some news. There is nothing DWOG management can do. They do not operate the project. It was not their choice, to shut the project down or not. I know, "they could file Qs". This would make absolutely no difference at this point in time. Until we get some news about restarting the project, a sale or funding on the SAGD I see no catalyst. I can wait.
And yet we sit here basically untradeable at 0.001. Other then a few shares which trade.
my broker allows unsolicited buy orders in expert market stocks...many brokers have internal
policies that do not allow such orders...that is their right and it is your right to have an account at where ever you choose....good luck obviously i am happy to be the only buyer and hope to
continue to be and appreciate the indirect help i am getting from other brokers internal policies
So how do you actually buy these shares right now? My broker says I can not initiate a position. I can only sell them.
I think i also spoke to her many years ago...she probably is not returning calls at the instructions
of the two sad way over the hill geriatrics who are allegedly running DWOG ...BUT for
one hundred dollars per million shares i will buy anything and everything forever.. they do
have a huge portfolio of tar sand properties which has the potential to be worth untold multiples of 0.0001...if not i have a seven figure portfolio of bonds some of which are currently yielding over 11% and i have already booked over ten thousand in profits in DWOG going
back a few years ...good luck whatever you decide to do
Karen Tuppert - She is the investor relations contact for dwog. A couple years ago I spoke to her on a couple occasions after the price of oil moon shot well above $100.
She wasn’t able to answer any of my questions and took my contact info for the CFO to give me a call, which never happened. After 4 attempts, I gave up.
I will be selling my shares by the end of this year for a tax loss, if no change in the situation.
Just noticed the new post as always thank you...i would certainly be willing to pay more than
0.0001 if one could call the company and actually speak to someone and/or if the company were current in their filings and /or if i had more confidence that management was capable
of defending shareholder interests ...but ONE MILLION SHARES for ONE HUNDRED dollars
really isn't a heck of a lot of money.... I'll spend more than that on dinner tonight with no
possibility of any upside other than indigestion be well and please keep the info coming
CANASIA ENERGY CORP.
Completed Purchase of Andora Minority Shares
CALGARY, MARCH 27, 2023
re DWOG very promising...keep up the good work thank you again
Looks like Canasia is buying out the rest of Andora Energy. Andora owes them a bunch of money already, so not paying much per share unless you count the debt forgiveness. I dont think they would be buying though if the did not have near term plans. Below is a link the the information.
BIG thank you ...as I have said many times you are invaluable to this board
i still feel management has abrogated it's obligation to shareholders by not
keeping filings current and not at least answering the phone ...by the way who
exactly is Karen Tuppert and why does one get her canned message when one
calls DWOG's stated phone number ????...Thank you again for all you do for this
board....if not for you i would have to rely on Mick and his messages haven't changed
in five years ( L.O.L )
I found this on the internet. Gives a little light on plans. Canasia now owns approx 66%% of the pilot -project so one can divide their numbers by 2.64 to gage approximate figures for DWOG.
One also needs to keep in mind that the demonstration project only covers a miniscual part of Dwog properties.
thank you for your response i disagree with many of your points ..especially that
filing reports would have made no difference in the eventual price of the stock ..even if true
shareholders were owed (I,M,H,O, ) an obligation to have timely financial information reported to them and the filing of such information would have prevented the stock from going to the expert market and trading at the lowest possible price ..after all what else did management have to do besides filing timely financial reports ?? it's not like they had an assembly line in
a factory to supervise ...also WHY DONT THEY ANSWER THEIR PHONE ????
BUT if they had kept reports current i wouldn't have been able to buy hundreds of thousands of shares for just about nothing ...so maybe their dereliction will benefit me in the long run
look forward to further communication and please continue to keep the board informed much respect and all my best ...we can disagree in an honorable and civil way and remain compatriots in believing in the ultimate value of DWOG
1. Management is still in place
2.Reports would have made no difference in share price
3. I cant give out personal information, but I do have another e-mail to contact Horst that I found years ago through research on the internet. It is another business he is involved in.
I just sent an e-mail to horst, but understand he is an honorable man and will not disclose any insider info.
I still believe the company to be a valid investment (and at a steal) but that is JMHO
Good to hear from you BUT there are many issues that really bother me
1- management, if they are even still there , is ancient and in my opinion , are
probably totally incapable of protecting shareholder interests
2- even though the company is getting reimbursed for ordinary operating expenses
the company has not filed required S.E.C financial reports for almost 1 1/2 years
causing the stock to decline to a price that is totally inconsistent with the stated
value of the company
3- the company has no phone number only a voice mail that mentions a woman's
name and NEVER responds to requests for a call back the message is from a woman
named Karen Tuppert ...i think !!!!!
so i will continue to accumulate shares at just about 0 and when i get to my goal
of two million shares i will launch a campaign to bring in management that will
proactively protect shareholder interests
i will look forward to your response ...thank you
I agree. The oil is still there and the extraction process has been tested and proven. The company that has controlling interest in the property has stated plans to re-start. IMHO it is only a matter of time.
according to their latest filings the properties are still in place and ownership is
still continuing....but when you can buy a million shares for 100 dollars ( the cost of dinner at a
mediocre restaurant ) i dont really stay up a night worrying about it L.O.L
thank you for your response ...AND are you still able to communicate with them ???
when you call the phone number given on their filings you hear a recorded greeting
by some woman who does not even reference the name of the company ...when i build my position to where it is worth my time i intend to try to establish communications with the
stated board members to ascertain their oversight of current management and their intentions
or lack thereof to bring some more proactive and younger people into management ...
in the meantime i will wait and hope to see current management catch up on filings and move the company forward.....thank you again your thoughts are very much appreciated and respected
Management is still in place.
I'm more interested to know what ownership interests in Sawn Lake DWOG actually owns at this point?
Are we sure DWOG retains any legal title ?
P.S. if you can no longer talk to him on the phone you can at least buy his autograph
look forward to your response p.s. i own about 500.000 shares at a cost of
about 250 dollars and have made about10,000 in profits in DWOG over the years so
this is not an urgent matter for me but it is fun
For current share price access Yahoo! Finance
Trading Symbol: DWOG
(Deep Well trades on the OTC Marketplace)
Registrar and Transfer Agent
Manhattan Transfer Registrar Co.
3B Sheep Pasture Road
Port Jefferson, New York 11777
Issued and Outstanding:
230.1 million as of December 31, 2020
Trading - US$ per share
December 31, 2020
52-week High/Low: $0.03 - $0.01
10150 - 100 Street NW
Edmonton, ALB T5J 0P6