W&T Offshore Declares Regular Quarterly Cash Dividend And Special Cash Dividend On Common Stock

    W&T Offshore Declares Regular Quarterly Cash Dividend And Special Cash
                           Dividend On Common Stock

PR Newswire

HOUSTON, Oct. 30, 2012

HOUSTON, Oct. 30, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI)
announced that its Board of Directors onOctober 30, 2012 declared a regular
quarterly cash dividend of $0.08 per share, payable to the holders of the
Corporation's common shares. In addition,the Board of Directors declaredan
additional special cash dividend of$0.47per share, payable to the holders of
the Corporation's common shares. The regular $0.08 per sharecash dividend
and special $0.47 per sharecash dividend will be payable onDecember 3,
2012to shareholders of record onNovember 16, 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 67 producing offshore fields in federal and state waters,
including the deepwater. 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.

Website: http://www.wtoffshore.com
 
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