W&T Offshore Declares Quarterly Cash Dividend On Common Stock

        W&T Offshore Declares Quarterly Cash Dividend On Common Stock

PR Newswire

HOUSTON, Aug. 7, 2013

HOUSTON, Aug. 7, 2013 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced
that its Board of Directors onAugust 7, 2013 declared a regular quarterly
cash dividend of $0.09 per share, payable to the holders of the Corporation's
common shares. The dividend will be payable on September 12, 2013, to the
shareholders of record on August 22, 2013.

About W&T Offshore

W&T Offshore, Inc. is an independent oil and natural gas producer with
operations offshore in the Gulf of Mexico and onshore in both the Permian
Basin of West Texas and in East Texas. We have grown through acquisitions,
exploration and development and currently hold working interests in
approximately 71 offshore fields in federal and state waters (65 producing and
six fields capable of producing). W&T currently has under lease over 1.4
million gross acres including over 710,000 gross acres on the Gulf of Mexico
Shelf, over 480,000 gross acres in the deepwater and over 220,000 gross acres
onshore in Texas. 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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