W&T Offshore Declares Regular Quarterly Cash Dividend
HOUSTON, Aug. 7, 2014 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors on August 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 September 12, 2014, to the shareholders of record on August 22, 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 66 offshore fields in federal and state waters (62 producing and four 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 0.6 million gross acres in the deepwater and approximately 50,000 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.
SOURCE W&T Offshore, Inc.