DEEP WELL OIL & GAS, INC. NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • October 30th, 2007 • Deep Well Oil & Gas Inc • Crude petroleum & natural gas • Nevada
This NON-QUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is made this 20 day of September, 2007, by and between Deep Well Oil & Gas, Inc., a Nevada corporation (the “Corporation”) and R.N. Dell Energy Ltd., an Alberta Company (“Optionee”).
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAW, AND MAY NOT BE OFFERED FOR SALE, SOLD OR TRANSFERRED...Warrant Agreement • October 30th, 2007 • Deep Well Oil & Gas Inc • Crude petroleum & natural gas
THIS CERTIFIES that_____________________________________ or any subsequent holder hereof (the “Holder”), has the right to purchase from DEEP WELL OIL & GAS, INC., a Nevada corporation (the “Company”), up to ________ fully paid and nonassessable shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), subject to adjustment as provided herein, at a price per share equal to the Exercise Price (as defined below), at any time and from time to time beginning on the date on which this Warrant is originally issued (the “Issue Date”) and ending at 6:00 p.m., eastern time, on the date that is the fifth (5th) anniversary of the Issue Date (or, if such date is not a Business Day, on the Business Day immediately following such date) (the “Expiration Date”). This Warrant is issued pursuant to a Securities Purchase Agreement, dated as of March 10, 2005 (the “Securities Purchase Agreement”). Capitalized terms used herein and not otherwise defined shall have the respective
CONSULTING AGREEMENT Effective September 20, 2007Consulting Agreement • October 30th, 2007 • Deep Well Oil & Gas Inc • Crude petroleum & natural gas • Alberta
WHEREAS the Company is engaged in the development and exploitation of heavy oil and gas and desires to enter into a production stage in its leases in Alberta, Canada (the “Projects”), which are currently owned and operated by the Company; and,
