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W&T Offshore Announces Executive Promotions

HOUSTON, July 28 /PRNewswire-FirstCall/ -- W&T Offshore, Inc. (NYSE: WTI) today announced the promotions of Joe Slattery and Jeff Durrant to Senior Vice President; of Steve Schroeder, Amy Brumfield, Cliff Williams and Dan Huffman to Vice President; and Manuel Mondragon and Brian Harvey to Assistant Vice President.

"These talented and dedicated individuals have made numerous and significant contributions to W&T Offshore's success over their years of service, as well as worked tirelessly during our IPO process last year," said Tracy W. Krohn, Chairman and Chief Executive Officer. "We are pleased to recognize their leadership skills and to support their career growth as W&T Offshore continues to grow and prosper."

Joseph P. Slattery, age 52, Senior Vice President of Operations, joined W&T Offshore in November 2002 as Vice President of Operations. He has gained over 29 years of petroleum engineering experience and has specialized in total project management and field operations. He has a B.S. and a M.S. in Petroleum Engineering.

Jeffrey M. Durrant, age 50, Senior Vice President of Exploration / Geoscience, joined the Company in 1997, initially as Geological Manager, then Exploration Manager and most recently as Vice President of Exploration. Prior to joining W&T Offshore, he was with Exxon USA for 16 years specializing in Gulf of Mexico exploration. He has a B.S. and a M.S. in Geology.

Amy M. Brumfield, CPA, age 35, Vice President - Accounting, began serving as Controller in February 2003 after being in W&T Offshore's accounting department since 1997. Prior to joining the Company, Ms. Brumfield gained public accounting experience and has worked as a joint venture accountant and auditor. She has a B.S. in accounting.

Stephen L. Schroeder, age 42, Vice President - Production, joined the Company in 1998 as Staff Reservoir Engineer and served as Production Manager since 1999. Prior to joining W&T Offshore, he was with Exxon for 13 years. Mr. Schroeder has a B.S. in Petroleum Engineering and a M.B.A in Finance.

Clifford J. Williams, age 49, Vice President - Reservoir Engineering, joined W&T Offshore in 1998 as Staff Reservoir Engineer, became Chief Reservoir Engineer in 2002 and Reservoir Engineering Manager in 2003. Mr. William has 22 years experience as a Reservoir Engineer, including 14 years with Exxon. He earned a B.S. in Civil Engineering and a M.S. in Environmental Engineering.

Daniel P. Huffman, age 41, Vice President - Exploitation, joined W&T Offshore as Senior Geologist in 1997 and served as Exploitation Manager since 1999. Prior to joining the Company, he worked as an Exploitation Geologist for The Louisiana Land and Exploration Company and as a Development Geologist for Exxon, focusing in the gulf coast region. Mr. Huffman holds a B.S. and a M.S. in Geology.

Manuel Mondragon, age 35, Assistant Vice President of Finance, joined the Company in August 2003 as Assistant Treasurer. Prior to joining W&T Offshore, he was at RBC Capital Markets in the Global Energy Group and was with Prudential Investments. He holds a BS in Management and a MBA in Finance.

Brian Harvey, age 41, Assistant Vice President - Land, joined the Company as a Senior Landman in 2001. Prior to joining W&T Offshore, Mr. Harvey was with Texaco Exploration and Production Inc. from 1989 until 2000 and served most recently as an Area Landman. Mr. Harvey holds a BS in Petroleum Land Management.

About W&T Offshore

Founded in 1983, W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico, including exploration in the deep water, where it has developed significant technical expertise. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over 100 fields in federal and state waters and a majority of its daily production is derived from wells it operates. For more information on W&T Offshore, please visit its Web site at

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements reflect our current views with respect to future events, based on what we believe are reasonable assumptions. No assurance can be given, however, that these events will occur. These statements are subject to risks and uncertainties that could cause actual results to differ materially including, among other things, market conditions, oil and gas price volatility, uncertainties inherent in oil and gas production operations and estimating reserves, unexpected future capital expenditures, competition, the success of our risk management activities, governmental regulations and other factors discussed in our Registration Statement on Form S-1 filed with the Securities and Exchange Commission (

Manuel Mondragon, Assistant VP of Finance

Ken Dennard /
Lisa Elliott /
DRG&E / +1-713-529-6600

SOURCE W&T Offshore, Inc.
CONTACT: Manuel Mondragon, Assistant VP of Finance,, +1-713-297-8024; Ken Dennard,, Lisa Elliott,, DRG&E, +1-713-529-6600
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