W&T Offshore Declares Quarterly Dividend on Common Stock

Mar 02, 2011, 06:30 ET from W&T Offshore, Inc.

HOUSTON, March 2, 2011 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced today that its Board of Directors declared a regular cash quarterly dividend of $0.04 per share, payable to the holders of the Corporation's common shares.  The dividend will be payable on March 31, 2011, to the shareholders of record on March 15, 2011.

About W&T Offshore

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico, including exploration in the deepwater and deep shelf regions, where it has developed significant technical expertise.  W&T has grown through acquisition, exploitation and exploration and holds working interests in approximately 67 fields in federal and state waters and a majority of its daily production is derived from wells it operates.  For more information on W&T Offshore, please visit its Web site at www.wtoffshore.com.

Contacts:

Janet Yang, Finance Manager

investorrelations@wtoffshore.com

713-297-8024

Danny Gibbons, SVP & CFO

jgibbons@wtoffshore.com

713-624-7326

SOURCE W&T Offshore, Inc.



RELATED LINKS

http://www.wtoffshore.com