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| Company Profile | |
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 67 fields in federal and state waters and have interests in leases covering approximately .9 million gross acres. W&T became a public company in 2005 and trades on the NYSE under the symbol "WTI”.
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| Date | Title | | | 05/15/12 | W&T Offshore Announces Sale of Non-Core Asset in Gulf of Mexico Shelf Property|
HOUSTON, May 15, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today announces that it has sold its 40%, non-operated, working interest in South Timbalier 41 field located on the shelf of the Gulf of Mexico for $32.375 million, with an effective date of April 1, 2012 to Energy Partners, Ltd. The sale of this non-core asset does not alter our previously issued production or expense guidance.
Tracy W. Krohn, Chairman and Chief Executive Officer, stated, "Through the divestiture... |
|  | | 05/08/12 | 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. W... |
| | | 05/08/12 | W&T Offshore Reports First Quarter 2012 Financial And Operational Results|
HOUSTON, May 8, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today announces financial and operational results for the first quarter of 2012. Some of the highlights include:
For the first quarter, production volumes averaged 49,226 barrels of oil equivalent per day, or 295.4 MMcfe gas equivalent per day, representing a 17% increase over the same quarter in 2011. Production volumes were split 47% oil and natural gas liquids ("NGLs") and 53% natural gas. Our average realize... |
| | | 05/07/12 | W&T Offshore Announces First Quarter 2012 Earnings Release and Conference Call Schedule|
HOUSTON, April 26, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced today that it will release its first quarter 2012 financial and operations results after the market closes on Tuesday, May 8, 2012. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Wednesday, May 9, 2012 at 10:00 a.m. Eastern time (9:00 a.m. Central time).
What:
W&T Offshore First Quarter 20... |
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