W&T Offshore Declares Regular Quarterly Cash Dividend

HOUSTON, March 7, 2014 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors on March 6, 2014 declared a regular quarterly cash dividend of $0.10 per share, payable on March 31, 2014, to the shareholders of record on March 18, 2014.

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 onshore in both the Permian Basin of West Texas and in East Texas.  We have grown through acquisitions, exploration and development and currently hold working interests in approximately 67 offshore fields in federal and state waters (62 producing and five fields capable of producing).  W&T currently has under lease approximately 1.3 million gross acres, including approximately 0.6 million gross acres on the Gulf of Mexico Shelf, approximately 0.5 million gross acres in the deepwater and approximately 0.2 million gross acres onshore in Texas.  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.

CONTACT:

Mark Brewer

Danny Gibbons


Investor Relations

SVP & CFO


investorrelations@wtoffshore.com

investorrelations@wtoffshore.com


713-297-8024

713-624-7326

SOURCE W&T Offshore, Inc.