W&T Offshore Announces Promotion of William J. Williford to Chief Operating Officer

Rhea-AI Summary

W&T Offshore announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer on March 14, 2022. With over 16 years at the company and extensive experience in oil and gas, Williford previously held roles including General Manager for Gulf of Mexico operations. His promotion is seen as a significant step for the company's leadership, reinforcing its operational capabilities. W&T Offshore operates in the Gulf of Mexico and has interests in 43 fields, illustrating its strong presence in the sector.

Positive

• Promotion of William J. Williford strengthens leadership.
• Williford brings 20+ years of oil and gas experience, enhancing operational expertise.

Negative

• None.

HOUSTON, March 14, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the promotion of William J. Williford to Executive Vice President and Chief Operating Officer.

Tracy W. Krohn, W&T’s Chairman and CEO, stated, “William has been important contributor to W&T’s success over his 16 years at the Company. His leadership and knowledge have been immensely valuable, and we are looking forward to his continued contribution in this enhanced role.”

William J. Williford joined W&T in June 2006 and most recently served as Executive Vice President and General Manager Gulf of Mexico. Since joining the Company, he has served in various positions of increasing responsibility, including Reservoir Engineer, Exploration Project Manager, General Manager Deepwater Gulf of Mexico, and General Manager Gulf of Mexico Shelf and Deepwater. Mr. Williford has over 20 years of oil and gas technical experience with large independents in the Gulf of Mexico and Domestic Onshore. Prior to joining W&T, Mr. Williford held positions in reservoir, production, and operations at Kerr-McGee and Oryx Energy. Mr. Williford received a B.S. in Petroleum Engineering from Mississippi State University.

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 has grown through acquisitions, exploration, and development. As of December 31, 2021, the Company had working interests in 43 fields in federal and state waters and has under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf and approximately 187,000 gross acres in the Gulf of Mexico deepwater. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

CONTACT:

Al Petrie Investor Relations Coordinator apetrie@wtoffshore.com 713-297-8024

Brent Collins Director of Investor Relations bcollins1@wtoffshore.com 713-624-7364

FAQ

What is the significance of William J. Williford's promotion at WTI?

William J. Williford's promotion to COO is significant as he has over 16 years of experience with W&T Offshore and extensive industry knowledge, expected to bolster the company’s operational effectiveness.

When was William J. Williford promoted to COO at W&T Offshore?

William J. Williford was promoted to Chief Operating Officer on March 14, 2022.

What are William J. Williford's qualifications for the COO role at WTI?

William J. Williford holds a B.S. in Petroleum Engineering and has over 20 years of oil and gas technical experience, having previously served in various management roles within W&T.

How many fields does W&T Offshore operate in as of December 31, 2021?

As of December 31, 2021, W&T Offshore had working interests in 43 fields in the Gulf of Mexico.