10-K: DEEP WELL OIL & GAS INC
10-K: DEEP WELL OIL & GAS INC
(EDGAR Online via COMTEX) -- ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The following discussion and analysis should be read in conjunction with our consolidated financial statements and related notes. For the purpose of this discussion, unless the context indicates another meaning, the terms: "Deep Well," "Company," "we," "us," and "our," refer to Deep Well Oil & Gas, Inc. and its subsidiaries. This discussion includes forward-looking statements that reflect our current views with respect to future events and financial performance that involve risks and uncertainties. Our actual results, performance or achievements could differ materially from those anticipated in the forward-looking statements as a result of certain factors including risks discussed in "Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements" below and elsewhere in this report, and under the heading "Risk Factors" and "Environmental Laws and Regulations" disclosed in this annual report on Form 10-K for the fiscal year ended September 30, 2011.
But trying to reduce US oil consumption by targeting the petroleum industry in northern Alberta makes about as much sense as trying to stop cocaine use in Los Angeles by eradicating coca plantations in Bolivia. Which is to say: It doesn't.