W&T Offshore, Inc to Extend Revolving Credit Facility

W&T Offshore, Inc to Extend Revolving Credit Facility

W&T Offshore has just announced a report to the media that it has extended the maturity of its currently undrawn $500 million revolving credit facility to July 23, 2012. Toronto Dominion (Texas) LLC led the group of 16 lenders, with no one institution holding more than 10% of the commitment.

Founded in 1983, 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 region, where it has developed significant technical expertise. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over 200 fields in federal and state waters and a majority of its daily production is derived from wells it operates.

Contacts: Manuel Mondragon, Vice President of Finance investorrelations@wtoffshore.com


Ken Dennard / ksdennard@drg-e.com Lisa Elliott / lelliott@drg-e.com

DRG&E / 713-529-6600

Source: W&T Offshore, Inc.

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