W&T Offshore Declares Regular Quarterly Cash Dividend
HOUSTON, May 7, 2014
HOUSTON, May 7, 2014 /PRNewswire/ --W&T Offshore, Inc. (NYSE: WTI) announced
that its Board of Directors on May 6, 2014 declared a regular quarterly cash
dividend of $0.10 per share, payable to the holders of the Company's common
shares. The dividend will be payable on June 4, 2014, to the shareholders of
record on May 23, 2014.
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 the Permian Basin of
West Texas. We have grown through acquisitions, exploration and development
and currently hold working interests in approximately 67 offshore fields in
federal and state waters (62 producing and five fields capable of producing).
W&T currently has under lease approximately 1.2 million gross acres, including
approximately 0.6 million gross acres on the Gulf of Mexico Shelf,
approximately 0.5 million gross acres in the deepwater and approximately
50,000 gross acres onshore in West 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: Lisa Elliott Danny Gibbons
Dennard Lascar Associates SVP & CFO
SOURCE W&T Offshore
Press spacebar to pause and continue. Press esc to stop.