News Release

<< Back

W&T Offshore Declares Quarterly Dividend on Common Stock

HOUSTON, Nov. 2, 2010 /PRNewswire via COMTEX/ --

W&T Offshore, Inc. (NYSE: WTI) announced on November 1, 2010 that its Board of Directors declared a regular cash quarterly dividend of $0.04 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on December 8, 2010, to the shareholders of record on November 17, 2010.

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 acquisitions, exploitation and exploration and currently holds working interests in approximately 72 producing fields in federal and state waters. The majority of the Company's 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:

Janet Yang, Finance Manager

investorrelations@wtoffshore.com

713-297-8024


Ken Dennard / ksdennard@drg-l.com

Lisa Elliott / lelliott@drg-l.com

DRG&L / 713-529-6600

SOURCE W&T Offshore, Inc.