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W&T Offshore Declares Dividend on Common Stock
HOUSTON, May 16, 2007 /PRNewswire via COMTEX News Network/ -- W&T Offshore, Inc. (NYSE: WTI) announced yesterday that its Board of Directors declared a regular cash dividend of $0.03 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on August 1, 2007 to shareholders of record on July 13, 2007.

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 deepwater and deep shelf regions, where it has developed significant technical expertise. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over 200 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

    Manuel Mondragon, Vice President of Finance

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

SOURCE W&T Offshore

Manuel Mondragon, Vice President of Finance of W&T Offshore, +1-713-297-8024,; or Ken Dennard,, or Lisa
Elliott,, both of DRG&E, +1-713-529-6600, for W&T Offshore