Deep Well Oil and Gas (fka DWOG)

[bhumiartha]

Check out the first half 2013 results from Maurel et Prom, which has 20 per cent ownership of Deep Well:
http://www.maureletprom.fr/index.php?lang=en
This is a very interesting company with a finely-calibrated strategic mix of investments.
If you look at page 3 of the press release on their site announcing the first half results (download only), they have a graphic showing how the Alberta investment meshes in with their other new ventures, which include Myanmar, and newly opened unconventional oil in Quebec.
Understanding their approach and their philosophy of long-term, sustained profitability makes it clear why they paid more than 48 cents a share for their stake in Deep Well.
I have buy orders in right up to 48 cents at various levels, so I want to offer a special thanks to the people who are selling in the 30s. You have just made my retirement all the brighter.