W&T Offshore, Inc. (W&T) is an independent oil and natural gas producer, engaged in the acquisition, exploration and development of oil and natural gas properties primarily in the Gulf of Mexico and Texas. W&T has acquired rights to explore and develop new prospects and acquired existing oil and natural gas properties in both the deepwater and the deep shelf, while at the same time continuing its focus on the conventional shelf. As of December 31, 2011, the Company�s total proved reserves were 116.9 million barrels of oil equivalent. In May 2011, the Company acquired various properties and leasehold interests in four counties in the Permian Basin of West Texas. In May 2014, the Company's wholly owned subsidiary, W & T Energy VI, LLC acquired exploration and production properties in the deepwater of the Gulf of Mexico from Woodside Energy (USA) Inc.