Deep Well Oil and Gas (fka DWOG)

[extreme22]

"The Sawn Lake heavy oil project, despite a successful pilot in 2015, has been impacted by a number of issues with the project's 25-per-cent joint venture interest holders, who currently owe Canasia approximately $600,000. The company has been successful in a series of recent court rulings related to enforcement actions against the joint venture interest holders. It is anticipated these issues will be resolved by mid-May, 2024, at which time the company will follow a path focused on near-term shareholder value.