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W&T Offshore Inc. (WTI)

-NYSE

15.62 Up 0.19(1.23%) May 25, 4:02PM EDT|After Hours: 15.62 0.00 (0.00%) May 25, 4:47PM EDT

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W&T Offshore Inc.
Nine Greenway Plaza
Suite 300
Houston, TX 77046-0908
United States - Map
Phone: 713-626-8525
Fax: 713-626-8527
Website: http://www.wtoffshore.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:310

Business Summary 

W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico. The company holds working interests in approximately 58 producing and 2 capable of producing offshore fields in federal and state waters. As of December 31, 2011, it had interests in offshore leases covering approximately 0.8 million gross acres in the coasts of Louisiana, Texas, Mississippi and Alabama, as well as onshore leasehold interest in approximately 0.2 million gross acres in Texas; proved reserves of 116.9 million barrels of oil equivalent (MMBoe); and proved undeveloped reserves of 40.5 MMBoe. The company was founded in 1983 and is headquartered in Houston, Texas.

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Corporate Governance 
W&T Offshore Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Tracy W. Krohn , 57
Co-Founder, Chairman, Chief Exec. Officer and Member of Nominating & Corp. Governance Committee
3.54M0.00
Ms. Jamie L. Vazquez , 51
Pres
1.33M0.00
Mr. John Daniel Gibbons , 58
Chief Financial Officer, Chief Accounting Officer and Sr. VP
978.00K0.00
Mr. Stephen L. Schroeder , 49
Chief Operating Officer and Sr. VP
746.00K0.00
Mr. Thomas F. Getten , 64
VP, Gen. Counsel and Corp. Sec.
693.00K0.00
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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