Founded in 1983, W&T is an independent oil and natural gas acquisition, exploitation and exploration company, with a focus primarily in the Gulf of Mexico. Our outstanding technical expertise combined with the high production rates associated with hydrocarbon deposits in the Gulf have historically provided us excellent opportunities to achieve a rapid payback on our invested capital.
We own working interests in 54 fields in federal and state waters and have interests in leases covering approximately 850,000 gross acres.
W&T became a public company in 2005 and trades on the NYSE under the symbol "WTI”.
Attached for your use is Form 8937 “Report of Organizational Actions Affecting Basis of Securities.” We are posting it as an issuer of certain specified securities including debt instruments and shares of stock as a result of the Exchange Offer completed in September 2016. This form provides information that may be useful to the holders of our notes. However, this form is for informational use only and does not constitute tax advice. Each holder should consult with his or her tax advisor regarding the impact of this document with regards to any federal, state, and local tax considerations that may be relevant to the holder’s situation.