W&T Offshore Declares Regular Quarterly Cash Dividend And Special Cash Dividend On Common Stock
HOUSTON, Oct. 30, 2012 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors on October 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 declared an additional special cash dividend of $0.47 per share, payable to the holders of the Corporation's common shares. The regular $0.08 per share cash dividend and special $0.47 per share cash dividend will be payable on December 3, 2012 to shareholders of record on November 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.
SOURCE W&T Offshore, Inc.