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Tuesday, March 22, 2011

W&T Offshore Responds to Report of Oil Sheen in Gulf of Mexico

Tuesday, 22 March 2011 06:15 PR Newswire

W&T Offshore, Inc. (NYSE: WTI) announced that it responded to reports of an oil sheen in the Gulf of Mexico that was said to be near a W&T...

HOUSTON, March 22, 2011 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) announced that it responded to reports of an oil sheen in the Gulf of Mexico that was said to be near a W&T operated platform in Mississippi Canyon block 243 ("Matterhorn").  Following an onsite and aerial  investigation  by the Company,  it was determined that the source of a reported oil sheen was not the Matterhorn platform or any other nearby W&T operated facilities, as speculated in several media reports.  

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 holds working interests in approximately 67 fields 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 http://www.wtoffshore.com/.

Contacts:
Janet Yang, Finance Manager
investorrelations@wtoffshore.com
713-297-8024

Danny Gibbons, SVP & CFO
713-624-7326
SOURCE W&T Offshore, Inc.
 

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