W&T Offshore (WTI) Reports Q2 EPS of $0.22
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W&T Offshore Announces Second Quarter 2017 Operational And Financial Results
August 3, 2017 4:18 PM EDTHOUSTON, Aug. 3, 2017 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today reported its second quarter 2017 operational and financial results. Some of the key items for the quarter and subsequent period include:
On June 28, 2017, the Bureau of Ocean Energy Management ("BOEM") filed a Motion for Remand with the Department of the Interior to rescind its four orders issued in 2016 that instructed us to provide additional supplemental bonding of $260.8 million. We anticipate that within the next few weeks the necessary steps will be completed to allow the BOEM to rescind... More