W&T Offshore (WTI) Registration Filing summary

Company overview and business model

• Incorporated in Texas, with principal offices in Houston and multiple subsidiary guarantors registered in Delaware.

• Operates through a structure that includes several LLCs, all with a primary industrial classification code of 1311.

Management team and governance

• Executive leadership includes a Chairman, CEO, President, CFO, and Chief Accounting Officer, with all signatures dated October 21, 2024.

• Board of Directors includes multiple independent directors, with indemnification agreements in place for directors and officers.

Offering details and pricing

• Registration statement filed as an amendment to Form S-3, allowing for the offer and sale of securities from time to time after effectiveness.

• Securities registered include senior and subordinated debt, preferred and common stock, depositary shares, and warrants, with up to 50,605,082 shares of common stock available for resale.

• Some securities may be offered on a delayed or continuous basis under Rule 415.