Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
W&T Offshore, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 6
W&T Offshore, Inc., Oil & Gas Deals By Type, 2011 to YTD 2017 7
W&T Offshore, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 8
W&T Offshore, Inc., Oil & Gas, Deals By Sector, 2011 to YTD 2017 9
W&T Offshore, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 10
W&T Offshore, Inc., Oil & Gas, Deal Details 11
Asset Purchase 11
W&T Offshore Acquires Remaining 35.7% Interest In Fairway Field And Yellowhammer Gas Plant For US$18.2 Million 11
W&T Offshore Acquires Oil And Gas Properties In Gulf of Mexico From Woodside Energy For US$51 Million 12
W&T Offshore Completes Acquisition Of Oil And Gas Properties In Gulf Of Mexico From Callon Petroleum For US$88 Million 13
W&T Offshore Acquires 20% Interset In Dantzler Prospect In Gulf of Mexico From Noble Energy 15
W&T Offshore Completes Acquisition Of Offshore Properties In Gulf of Mexico From Newfield Exploration For US$208 Million 16
W&T Offshore Acquires 64.3% Interests In Fairway Field And Associated Yellowhammer Gas Processing Plant From Shell Offshore 18
W&T Offshore Acquires Oil And Gas Assets In Permian Basin 20
Debt Offering 22
W&T Offshore Completes Private Placement Of 8.5% Notes Due 2019 For US$300 Million 22
W&T Offshore Completes Private Placement Of 8.5% Senior Notes Due 2019 For US$600 Million 24
Asset Transactions 25
Ajax Resources Completes Acquisition Of 100% Interest In Yellow Rose Field In Texas From W&T Offshore For US$376.1 Million 25
W&T Offshore Sells Interest In West Delta 29 Block In Gulf of Mexico To EPL Oil & Gas For US$21.8 Million 27
Whistler Energy II Acquires Green Canyon 18 & 60 Blocks And GC 18 Production Platform In US Gulf of Mexico From ExxonMobil’s Affiliate And W&T Offshore 28
W&T Offshore Plans To Sell Oil And Gas Assets In Gulf of Mexico 29
Energy Partners Acquires Remaining 40% Interest In South Timbalier 41 In The Gulf Of Mexico From W&T Offshore For US$32.4 Million 30
W&T Offshore, Inc. – Key Competitors 31
W&T Offshore, Inc. – Key Employees 32
W&T Offshore, Inc. – Locations And Subsidiaries 33
Head Office 33
Other Locations & Subsidiaries 33
Recent Developments 34
Drilling and Production Updates 34
Nov 29, 2017: Otto Energy: Drilling At St 224 Progressing As Planned – Nearing Target 34
Oct 20, 2017: Otto Energy Commences Drilling At ST 224 35
Oct 05, 2017: Otto Energy: ST 224 Exploration Drilling To Commence Mid-October 36
Feb 03, 2017: W&T Offshore Announces Year-End 2016 Proved Reserves, Production For 2016, An Update On The A-18 Well At Mahogany And An Extension Of The Appeal With IBLA Regarding BOEM Orders 37
Jan 26, 2017: W&T Offshore Announces Initial Production From Ship Shoal 349 “Mahogany Field” A-18 Well 39
Financial Announcements 40
Nov 01, 2017: W&T Offshore Announces Third Quarter 2017 Operational And Financial Results 40
Aug 03, 2017: W&T Offshore Announces Second Quarter 2017 Operational And Financial Results 44
May 03, 2017: W&T Offshore Announces First Quarter 2017 Operational And Financial Results 49
Mar 01, 2017: W&T Offshore Announces Fourth Quarter 2016 Operational And Financial Results And 2017 Annual Meeting Of Shareholders On May 3, 2017 53
Nov 02, 2016: W&T Offshore Announces Third Quarter 2016 Operational And Financial Results Along With Fourth Quarter And Full Year 2016 Production And Expense Guidance 56
Aug 04, 2016: W&T Offshore Announces Second Quarter 2016 Operations And Financial Results Along With Third Quarter And Full Year 2016 Production And Expense Guidance 61
May 04, 2016: W&T Offshore Announces First Quarter 2016 Financial Results, Operations Update And Second Quarter And Full Year 2016 Guidance 65
Mar 08, 2016: W&T Offshore Announces Fourth Quarter 2015 Financial Results, Year-End 2015 Proved Reserves, Operations Update And 2016 Guidance And Reduced Capital Plan 68
Other Significant Developments 72
Oct 16, 2017: Otto Energy Announces Quarterly Report For Three Months Ended 30 September 2017 72
Sep 06, 2017: W&T Offshore W&T Provides Update On Operations Following Hurricane Harvey 76
Jun 01, 2017: W&T Offshore Receives Final Trial Court Judgment In Lawsuit 77
Apr 20, 2017: W&T Offshore announces management changes 78
Apr 18, 2017: W&T Offshore announces retirement of vice president, general counsel and secretary 79
Jan 24, 2017: W&T Offshore Announces 2017 Capital Budget And Provides Production And Expense Guidance For 2017 80
Jan 05, 2017: W&T Offshore discovers deeper productive reservoirs at Mahogany field in US 81
Mar 24, 2016: W&T Offshore Announces Decrease In Borrowing Base Under Revolving Bank Credit Facility 82
Feb 26, 2016: W&T Offshore Provides Business Update 83
New Contracts Announcements 84
Jul 24, 2017: W&T Offshore: Rig Contracted To Drill ST 224 Prospect In Q4 2017 84
Appendix 85
Methodology 85
About GlobalData 85
Contact Us 85
Disclaimer 85
W&T Offshore, Inc., Oil & Gas, Key Facts, 2016 2
W&T Offshore, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 2
W&T Offshore, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 6
W&T Offshore, Inc., Oil & Gas Deals By Type, 2011 to YTD 2017 7
W&T Offshore, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 8
W&T Offshore, Inc., Deals By Sector, 2011 to YTD 2017 9
W&T Offshore, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 10
W&T Offshore Acquires Remaining 35.7% Interest In Fairway Field And Yellowhammer Gas Plant For US$18.2 Million 11
W&T Offshore Acquires Oil And Gas Properties In Gulf of Mexico From Woodside Energy For US$51 Million 12
W&T Offshore Completes Acquisition Of Oil And Gas Properties In Gulf Of Mexico From Callon Petroleum For US$88 Million 13
W&T Offshore Acquires 20% Interset In Dantzler Prospect In Gulf of Mexico From Noble Energy 15
W&T Offshore Completes Acquisition Of Offshore Properties In Gulf of Mexico From Newfield Exploration For US$208 Million 16
W&T Offshore Acquires 64.3% Interests In Fairway Field And Associated Yellowhammer Gas Processing Plant From Shell Offshore 18
W&T Offshore Acquires Oil And Gas Assets In Permian Basin 20
W&T Offshore Completes Private Placement Of 8.5% Notes Due 2019 For US$300 Million 22
W&T Offshore Completes Private Placement Of 8.5% Senior Notes Due 2019 For US$600 Million 24
Ajax Resources Completes Acquisition Of 100% Interest In Yellow Rose Field In Texas From W&T Offshore For US$376.1 Million 25
W&T Offshore Sells Interest In West Delta 29 Block In Gulf of Mexico To EPL Oil & Gas For US$21.8 Million 27
Whistler Energy II Acquires Green Canyon 18 & 60 Blocks And GC 18 Production Platform In US Gulf of Mexico From ExxonMobil’s Affiliate And W&T Offshore 28
W&T Offshore Plans To Sell Oil And Gas Assets In Gulf of Mexico 29
Energy Partners Acquires Remaining 40% Interest In South Timbalier 41 In The Gulf Of Mexico From W&T Offshore For US$32.4 Million 30
W&T Offshore, Inc., Key Competitors 31
W&T Offshore, Inc., Key Employees 32
W&T Offshore, Inc., Other Locations 33
W&T Offshore, Inc., Subsidiaries 33