News Release

<< Back

W&T Offshore Declares Quarterly Dividend on Common Stock

HOUSTON, May 5 /PRNewswire-FirstCall/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors on May 4, 2009 declared a regular cash quarterly dividend of $0.03 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on June 17, 2009, to the shareholders of record on May 20, 2009.

About W&T Offshore

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 148 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 www.wtoffshore.com.

Contacts: Manuel Mondragon, Vice President of Finance investorrelations@wtoffshore.com 713-297-8024

Ken Dennard / ksdennard@drg-e.com Lisa Elliott / lelliott@drg-e.com DRG&E / 713-529-6600

SOURCE W&T Offshore, Inc. 05/05/2009 CONTACT: Manuel Mondragon, Vice President of Finance of W&T Offshore, Inc., +1-713-297-8024investorrelations@wtoffshore.comor Ken Dennardksdennard@drg-e.com, or Lisa Elliott, lelliott@drg-e.com, both of DRG&E +1-713-529-6600, for W&T Offshore, Inc. /Web Site: http://www.wtoffshore.com (WTI)