W&T Offshore files $1 billion shelf registration

By Devika Patel

Knoxville, Tenn., March 9 - W&T Offshore, Inc. filed a $1 billion shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common stock, preferred stock, depositary shares and warrants.

Debt securities and preferred stock may be structured as convertibles.

The company will use proceeds for general corporate purposes.

W&T is a Houston-based acquirer, exploiter, explorer, producer and developer of oil and natural gas properties.

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