W&T provides drilling program status

W&T Offshore, Inc. says it continues to have success with its exploration and development program.

Offshore staff

(US, GoM) - W&T Offshore, Inc. says it continues to have success with its exploration and development program. Since the end of the second quarter, the company successfully drilled four exploration wells and four development wells, with one unsuccessful development well. This includes five successful wells drilled since Hurricane Katrina.

The successful wells were drilled in Ewing Bank block 989 (100%), Main Pass block 185 (33.3%), High Island block A-443 - Well A-5ST (92%), High Island block A-443 - Well A-2ST (84%), Ship Shoal block 177 (75%), Ship Shoal block 359 (59%), Eugene Island block 349 (29%) and Eugene Island block 107 (25%). One unsuccessful well was drilled in High Island block A-572 (4%).

"For 2005, we have successfully drilled 14 out of 17 exploration wells and five out of six development wells," says Tracy Krohn, chairman and CEO, W&T Offshore. "Our previously announced drilling program of a total of 30 exploration and 7 development wells remains on track for 2005."

10/18/05

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