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W&T Offshore Declares Quarterly Dividend on Common Stock

HOUSTON, April 27, 2011 /PRNewswire via COMTEX/ --

W&T Offshore, Inc. (NYSE: WTI) announced today 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 June 3, 2011, to the shareholders of record on May 11, 2011.

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 holds working interests in approximately 68 fields in federal waters, state waters and onshore. 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:
Janet Yang, Finance Manager
investorrelations@wtoffshore.com
713-297-8024

Danny Gibbons, SVP & CFO
jgibbons@wtoffshore.com
713-624-7326

SOURCE W&T Offshore, Inc.