Deep Well Oil & Gas Inc (DWOG) financial statements (2022 and earlier)
Company profile
| Business Address |
SUITE 700 EDMONTON, AB T5J 0P6 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | (12) | 50 | 298 | 1,098 | 1,401 | 1,786 | 2,325 | ||
| Cash and cash equivalents | (12) | 50 | 298 | 1,098 | 1,401 | 1,786 | 2,325 | ||
| Receivables | 245 | 83 | 41 | 81 | 23 | 302 | 1,050 | ||
| Prepaid expense | 23 | 34 | 25 | 36 | 33 | 38 | 44 | ||
| Total current assets: | 255 | 167 | 364 | 1,215 | 1,456 | 2,126 | 3,419 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 60 | 74 | 90 | 116 | 162 | 204 | 259 | ||
| Oil and gas property, successful effort method | 19,604 | ||||||||
| Oil and gas property, full cost method | 22,055 | 22,040 | 21,976 | 21,296 | 21,164 | 20,982 | |||
| Long-term investments and receivables | 399 | 397 | 398 | 407 | 384 | 373 | 410 | ||
| Long-term investments | 399 | 397 | 398 | 407 | 384 | 373 | 410 | ||
| Total noncurrent assets: | 22,514 | 22,511 | 22,463 | 21,818 | 21,711 | 21,559 | 20,273 | ||
| TOTAL ASSETS: | 22,769 | 22,678 | 22,827 | 23,033 | 23,167 | 23,684 | 23,692 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 205 | 70 | 45 | 156 | 48 | 272 | 714 | ||
| Other undisclosed accounts payable and accrued liabilities | 205 | 70 | 45 | 156 | 48 | 272 | 714 | ||
| Due to related parties | 23 | 1 | 10 | 2 | 5 | 17 | |||
| Total current liabilities: | 228 | 71 | 45 | 166 | 50 | 277 | 731 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 22 | ||||||||
| Long-term debt, excluding current maturities | 22 | ||||||||
| Liabilities, other than long-term debt | 515 | 500 | 493 | 493 | 453 | 427 | 469 | ||
| Asset retirement obligations | 515 | 500 | 493 | 493 | 453 | 427 | 469 | ||
| Total noncurrent liabilities: | 538 | 500 | 493 | 493 | 453 | 427 | 469 | ||
| Total liabilities: | 766 | 571 | 539 | 660 | 503 | 704 | 1,200 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 22,003 | 22,107 | 22,289 | 22,374 | 22,664 | 22,981 | 22,491 | ||
| Common stock | 231 | 231 | 231 | 229 | 229 | 229 | 229 | ||
| Additional paid in capital | 43,104 | 43,104 | 43,104 | 42,845 | 42,843 | 42,605 | 41,040 | ||
| Accumulated deficit | (21,332) | (21,228) | (21,031) | (20,701) | (20,408) | (19,854) | |||
| Other undisclosed stockholders' equity attributable to parent | (15) | (18,778) | |||||||
| Total stockholders' equity: | 22,003 | 22,107 | 22,289 | 22,374 | 22,664 | 22,981 | 22,491 | ||
| TOTAL LIABILITIES AND EQUITY: | 22,769 | 22,678 | 22,827 | 23,033 | 23,167 | 23,684 | 23,692 | ||
Income statement (P&L) ($ in thousands)
| 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 151 | 610 | 51 | |||||
| Revenue, net | ✕ | ✕ | ✕ | 47 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (11) | |||||||
| Gross profit: | (11) | 151 | 610 | 51 | ||||
| Operating expenses | (168) | (263) | (437) | (364) | (731) | (1,914) | (240) | |
| Other undisclosed operating income (loss) | 52 | 92 | 65 | 22 | (599) | (1,882) | ||
| Operating loss: | (179) | (211) | (345) | (299) | (558) | (1,903) | (2,071) | |
| Nonoperating income (Investment Income, Nonoperating) | 5 | 14 | 15 | 6 | 4 | 19 | 31 | |
| Loss before gain (loss) on sale of properties: | (174) | (197) | (330) | (293) | (554) | (1,885) | (2,041) | |
| Other undisclosed net income | 70 | |||||||
| Net loss: | (103) | (197) | (330) | (293) | (554) | (1,885) | (2,041) | |
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net loss available to common stockholders, diluted: | (103) | (197) | (330) | (293) | (554) | (1,885) | (2,040) | |
Comprehensive Income ($ in thousands)
| 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (103) | (197) | (330) | (293) | (554) | (1,885) | (2,041) | |
| Comprehensive loss, net of tax, attributable to parent: | (103) | (197) | (330) | (293) | (554) | (1,885) | (2,041) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.