W&T Offshore has been awarded the "Best Exploration and Production Company - North America - 2019" by World Finance Magazine. This prestigious award recognizes W&T’s accomplishments in the development of North American oil and natural gas resources.
Tracy W. Krohn, Chairman and Chief Executive Officer, commented,
"We are honored to receive this award which recognizes W&T’s ability to see opportunity where others see challenges, thereby demonstrating innovation and ambition even in difficult industry conditions. This positive recognition for W&T is a testament to the hard work and commitment of all of our employees. 2019 was a year filled with many accomplishments including two accretive acquisitions that significantly increased production and total reserves. We were also high bidder on a number of new leases in the Gulf of Mexico federal lease sales in 2019, adding acreage and potential drilling opportunities. Operationally, we drilled a range of development and exploration wells with a 100% success rate. We plan to carry this positive momentum into 2020 and continue to accretively add value to W&T."
The complete list of the 2019 World Finance Oil and Gas Awards can be viewed at: www.worldfinance.com/awards/oil-gas-awards-2019.