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W&T Offshore Declares Quarterly Dividend On Common Stock

HOUSTON, May 8, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced today that its Board of Directors declared a regular cash quarterly dividend of $0.08 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on June 4, 2012, to the shareholders of record on May 24, 2012.

About W&T Offshore
W&T Offshore, Inc. is an independent oil and natural gas producer focused primarily in the Gulf of Mexico and Texas.  We have grown through acquisitions, exploration and development and currently hold working interests in approximately 60 producing offshore fields in federal and state waters.  During 2011, we expanded onshore into West Texas and East Texas where we are actively pursuing exploration and development activities.  A substantial majority of our daily production is derived from wells we operate offshore.  For more information on W&T Offshore, please visit our website at www.wtoffshore.com.

CONTACT:

Janet Yang or Mark Brewer   

  Danny Gibbons 


Investor Relations  

  SVP & CFO


investorrelations@wtoffshore.com 

  investorrelations@wtoffshore.com


713-297-8024 

  713-624-7326

SOURCE W&T Offshore, Inc.