Founded in 1983, W&T is an independent oil and natural gas acquisition, exploitation and exploration company, with a focus primarily in the Gulf of Mexico. Our outstanding technical expertise combined with the high production rates associated with hydrocarbon deposits in the Gulf have historically provided us excellent opportunities to achieve a rapid payback on our invested capital.  We own working interests in 52 fields in federal and state waters and have interests in leases covering approximately 750,000 gross acres.  W&T became a public company in 2005 and trades on the NYSE under the symbol "WTI”.