W&T Offshore, Inc. Announces Board and Committee Changes
May 10, 2021 at 04:18 pm EDT
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W&T Offshore, Inc. announced that Stuart B. Katz and S. James Nelson, Jr. did not stand for reelection at the 2021 Annual Meeting of Shareholders, held May 4, 2021 and retired from the Board of Directors (the “Board”) of the Company following the expiration of their terms at the Annual Meeting. On May 4, 2021, Daniel O. Conwill IV was elected to the Board at the Annual Meeting by the Company’s shareholders. On May 4, 2021, the Board appointed Mr. Conwill to Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee.
W&T Offshore, Inc. is an independent oil and natural gas producer. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. It has a working interest in over 53 offshore producing fields in federal and state waters (which include 44 fields in federal waters and nine in state waters). The Company has under lease approximately 597,100 gross acres (440,000 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 435,600 gross acres on the conventional shelf, approximately 153,500 gross acres in the deepwater and 8,000 gross acres in Alabama onshore. The Company's wholly owned subsidiaries consists of Aquasition Energy, LLC, Aquasition, LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, Green Hell, LLC, Seaquester, LLC, Seaquestration, LLC, and W & T Energy VI, LLC.
W&T OFFSHORE, INC. 
