UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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Item 1.02 Termination of a Material Definitive Agreement.
As previously disclosed, on September 26, 2023, W&T Offshore, Inc. (the “Company”), as buyer, entered into a definitive purchase and sale agreement (the “Purchase Agreement”) 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”) to purchase certain assets of the Seller.
On October 20, 2023, the Company terminated the Purchase Agreement pursuant to and in accordance with Section 14.1(l) thereof, which provided that either the Company or the Seller could terminate the Purchase Agreement at any time following 5:00 p.m., Central Time on October 20, 2023.
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.
W&T OFFSHORE, INC. (Registrant) |
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Dated: October 26, 2023 | By: | /s/ Jonathan Curth |
Name: | Jonathan Curth | |
Title: | Executive Vice President, General Counsel and Corporate Secretary |