The Court of Queen's Bench of Alberta has Dismissed the Claims of Hardie & Kelly Against Deep Well Oil & Gas, Inc.
August 23 2013 - 08:00AM
Marketwired
Deep Well Oil & Gas, Inc. ("Deep Well" or "Company")
(OTCQB:DWOG) is pleased to announce that the entirety of the claim
of the Plaintiff Hardie & Kelly against Deep Well Oil &
Gas, Inc. has been dismissed by a Judge of the Court of Queen's
Bench of Alberta Judicial District of Calgary. Deep Well was not
required to pay any amounts toward the resolution of this lawsuit
but filed a request for dismissal with the Court which the
Plaintiff fully consented to upon its merits.
Deep Well and its Canadian subsidiaries, Northern Alberta Oil
Ltd. and Deep Well Oil & Gas (Alberta) Ltd., has, before the
Farmout to MP West Canada SAS, a wholly-owned subsidiary of
Saint-Aubin Energy (owned 1/3 by Maurel et Prom and 2/3 by MPI, two
listed companies based in Paris, France - "Maurel et Prom") a 90
per cent working interest in 51 contiguous square miles of oil
sands leases, an 80 per cent working interest in 5 contiguous
square miles of oil sands leases and a 25 per cent (post Farmout)
working interest in 12 contiguous square miles in the Sawn Lake
heavy oil area in North Central Alberta. The leases cover 17,408
gross hectares (43,015 gross acres).
The Company's filings may be accessed at the SEC's Edgar system
at www.sec.gov. Statements made herein are as of the date of this
news release. A full description of the litigation can be found in
our 8-K filed on the Edgar system today.
Contacts: Deep Well Oil & Gas, Inc. (780)
409-8144info@deepwelloil.com www.deepwelloil.com
Deep Well Oil and Gas (CE) (USOTC:DWOG)
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