W&T Offshore Declares Quarterly Dividend on Common Stock

HOUSTON, July 31, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share, payable to the holders of the Corporation's common shares.  The dividend will be payable on September 12, 2012, to the shareholders of record on August 22, 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: 

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.