Last $5.52 USD
Change Today +0.10 / 1.85%
Volume 3.0M
WTI On Other Exchanges
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As of 8:04 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

Transactions by W&T OFFSHORE INC (WTI) in the last 6 months

Announced 09/22/14
18.00M for Interest in the Fairway Field And Yellowhammer Gas Processing Plant
Merger/Acquisition

W&T Offshore Inc. (NYSE:WTI) acquired the remaining 35.7% stake in Fairway Field and Yellowhammer gas processing plant for $18.2 million on September 22, 2014. The consiedration includes payment of $18.2 million, plus assumption of asset retirement obligations associated with the properties. The transaction is expected to be immediately accretive on the basis of both cash flow and production metrics.


WTI's price was unchanged after the transaction was announced on 09/22/14.
Investor / Buyer
W&T Offshore Inc.
Creditor / Lender
Marubeni Oil & Gas (USA) Inc.
 
 

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