W&T Offshore Declares Quarterly Dividend on Common Stock

HOUSTON, Nov. 5 /PRNewswire-FirstCall/ -- W&T Offshore, Inc. (NYSE: WTI) announced that its Board of Directors on November 4, 2009 declared a regular cash quarterly dividend of $0.03 per share, payable to the holders of the Corporation's common shares. The dividend will be payable on December 17, 2009, to the shareholders of record on November 17, 2009.

About W&T Offshore

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico, including exploration in the deepwater and deep shelf regions, where it has developed significant technical expertise. W&T has grown through acquisition, exploitation and exploration and held working interests in over 147 fields, at June 30, 2009, in federal and state waters and a majority of its daily production is derived from wells it operates. For more information on W&T Offshore, please visit its Web site at www.wtoffshore.com.

    Contacts:
    Manuel Mondragon, Vice President of Finance
    investorrelations@wtoffshore.com
    713-297-8024

    Ken Dennard  / ksdennard@drg-e.com
    Lisa Elliott / lelliott@drg-e.com
    DRG&E / 713-529-6600

SOURCE W&T Offshore, Inc.

Released November 5, 2009