W&T Offshore Announces Updated Investor Presentation Has Been Posted to Its Web Site

Rhea-AI Summary

W&T Offshore announced an updated investor presentation available on its website, focusing on its operations in the Gulf of Mexico. The company boasts working interests in 51 producing fields and approximately 815,000 gross acres under lease, with significant daily production from its operated wells. The presentation aims to inform investors about the company's growth through acquisitions, exploration, and development. For further details, visit www.wtoffshore.com.

Positive

• Updated investor presentation released to enhance investor knowledge.
• Company operates in 51 producing fields, indicating strong operational capacity.
• Significant acreage under lease (approximately 815,000 gross acres) enhances growth potential.

Negative

• None.

HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has posted an updated investor presentation to its web site, www.wtoffshore.com.  It can be found in the “Investors” section of W&T’s web site under “Presentations.”

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.  The Company currently has working interests in 51 producing fields in federal and state waters and has under lease approximately 815,000 gross acres, including approximately 595,000 gross acres on the Gulf of Mexico Shelf and approximately 220,000 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

Janet Yang
EVP & CFO
investorrelations@wtoffshore.com
713-624-7326

FAQ

What is the latest investor presentation from W&T Offshore?

W&T Offshore has posted an updated investor presentation on its website for investors to access.

How many fields does W&T Offshore operate?

W&T Offshore operates in 51 producing fields, primarily in the Gulf of Mexico.

What is W&T Offshore's gross acreage?

The company has approximately 815,000 gross acres under lease, including significant areas in the Gulf of Mexico.

What are W&T Offshore's main operations?

W&T Offshore focuses on the production of oil and natural gas in offshore fields located in the Gulf of Mexico.