W&T Announces Participation in Upcoming Investor Events
05/25/2023 - 04:45 PM
HOUSTON, May 25, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will be participating at the following upcoming investor events:
Louisiana Energy Conference 2023 – New Orleans – Chairman and Chief Executive Officer Tracy W. Krohn will participate in a Gulf of Mexico-focused panel discussion on Tuesday, May 30, 2023 and management will host one-on-one meetings with investors during the event. Bank of America Securities 2023 Energy Credit Conference – New York City – Management will host one-on-one meetings with investors during the event on June 7-8, 2023. Updated investor handouts for each of the aforementioned events will be available on the Company’s website under “Presentations” on the morning of each event. Neither event is web cast.
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 March 31, 2023, the Company had working interests in 47 fields in federal and state waters (46 fields producing and one field capable of producing, which include 39 fields in federal waters and eight in state waters). The Company has under lease approximately 625,000 gross acres (457,000 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 8,000 gross acres in Alabama State waters, 457,500 gross acres on the conventional shelf and approximately 159,000 gross acres in the 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 Trey Hartman Investor Relations Coordinator Interim CFO and VP CAO investorrelations@wtoffshore.com thartman@wtoffshore.com 713-297-8024 713-624-7224
WTI Rankings
#4521 Ranked by Stock Gains
WTI Stock Data
Industry
Crude Petroleum and Natural Gas Extraction
Sector
Mining, Quarrying, and Oil and Gas Extraction
Tags
Energy Minerals, Oil & Gas Production
Country
US
City
Houston
About WTI
we are an independent oil and natural gas acquisition, exploitation and exploration company. we are focused primarily in the gulf of mexico area, where we have developed significant technical expertise and where the high production rates associated with hydrocarbon deposits have historically provided us the best opportunity to achieve a rapid payback on our invested capital. we own working interests in approximately 77 fields in federal and state waters, and have interests in leases covering approximately 0.9 million acres. our proved reserves at december 31, 2009 were 371 bcfe, with a pre-tax pv-10 of $890.0 million (including plug and abandonment cost). of those, 76% were proved developed reserves and 45% were natural gas reserves. we are headquartered in houston, texas and trade on the nyse under the symbol "wti". for more information, please visit our website at www.wtoffshore.com
