FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

YOUYOU MALIK 		2. Issuer Name and Ticker or Trading Symbol

DEEP WELL OIL & GAS INC [ DWOG ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

BUILD 2, 17 SKAKOVAYA STR. 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/23/2016
(Street)

MOSCOW, 1Z 125040
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant Expired   $0.105   11/23/2016     J   (1)       20737662   (1)   11/9/2010   11/23/2016   Common Stock   20737662   $0.00   32006494   D    
Warrant Expired   $0.105   11/23/2016     J   (2)       31106494   (2)   11/23/2012   11/23/2016   Common Stock   31106494   $0.00   900000   (3) D    

Explanation of Responses:
( 1)  Pursuant to a subscription agreement dated November 9, 2010, Deep Well Oil & Gas, Inc. (the "Company") completed a private placement with Mr. Malik Youyou, a director of the Company, of which warrants were issued. Each warrant entitled the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of the warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 28,571,428 to 20,737,662 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged. On November 23, 2016, 20,737,662 warrant shares previously granted to Mr. Youyou, on November 9, 2010, and subsequently amended on July 28, 2015, expired unexercised.
( 2)  Pursuant to a subscription agreement dated November 23, 2012, the Company closed a private placement with Mr. Youyou, a director of the Company, of which warrants were issued. Each warrant entitled the holder the option to purchase one common share at a price of $0.105 for a period of three years from the date of closing. On July 28, 2015, the Company's Board approved that the expiry date of these warrants be extended from November 23, 2015 to November 23, 2016. In consideration for extending the expiry date of the warrants to November 23, 2016 the Company and Mr. Youyou agreed to reduce the number of warrants from 42,857,142 to 31,106,494 with the exercise price remaining the same as the original warrant and all other terms of the warrant remaining unchanged. On November 23, 2016, 31,106,494 warrant shares previously granted to Mr. Youyou, on November 23, 2012, and subsequently amended on July 28, 2015, expired unexercised.
( 3)  Taking into effect that Mr. Youyou directly and indirectly currently has 115,206,091 shares of common stock of the Company and only if Mr. Youyou exercises all of his options to acquire an additional 900,000 shares of Deep Well's common stock, Mr. Youyou would have 50.03% of the issued and outstanding common stock of the Company. Mr. Youyou had not exercised any of these currently outstanding options and without the exercise of Mr. Youyou's outstanding options, Mr. Youyou has a 49.83% ownership of the Company's issued and outstanding common stock. Mr. Youyou currently now has no outstanding warrants of the Company.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
YOUYOU MALIK
BUILD 2, 17 SKAKOVAYA STR.
MOSCOW, 1Z 125040 		X X


Signatures
/s/ Malik Youyou 12/29/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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