UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 Entry into a Material Definitive Agreement.
On October 13, 2023, W&T Offshore Inc. (the “Company”), as buyer, entered into the First Amendment to Purchase and Sale Agreement (the “First Amendment”) with Cox Oil Offshore, L.L.C., Energy XXI GOM, LLC, EPL Oil & Gas, LLC, MLCJR LLC, Cox Operating L.L.C., Energy XXI Gulf Coast, LLC and M21K, LLC (collectively, “Seller”). The First Amendment, which became effective as of October 13, 2023, amends the Purchase and Sale Agreement (as defined in the First Amendment) to revise the definitions of (i) Designation Deadline (as defined in the First Amendment) to 5:00 p.m., Central Time on October 19, 2023 and (ii) Outside Termination Date (as defined in the First Amendment) to 5:00 p.m., Central Time on October 20, 2023.
The foregoing description of the First Amendment and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the First Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are included as part of this Current Report on Form 8-K:
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Exhibit Number |
Description | |
| 10.1 | First Amendment to Purchase and Sale Agreement, dated October 13, 2023, by and among W&T Offshore, Inc., as buyer, and Cox Oil Offshore, L.L.C., Energy XXI GOM, LLC, EPL Oil & Gas, LLC, MLCJR LLC, Cox Operating L.L.C., Energy XXI Gulf Coast, LLC and M21K, LLC, as sellers | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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W&T OFFSHORE, INC. (Registrant) | ||
| Dated: October 18, 2023 | By: | /s/ Jonathan Curth |
| Name: | Jonathan Curth | |
| Title: | Executive Vice President, General Counsel and Corporate Secretary | |