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W&T Offshore Implements Hedge Positions
Thursday, September 17, 2009 6:01 AM


HOUSTON, Sept. 17 /PRNewswire-FirstCall/ -- W&T Offshore, Inc. (NYSE: WTI) announced that it has established a group of commodity hedge positions as part of a risk management program to enhance its 2010 Capital Expenditure Budget and to support an increase in its borrowing base under its revolving credit facility in connection with the semi-annual redetermination in October 2009. The Company has hedged 10.2 Bcf of its 2010 natural gas production and 1.1 MMBbls of its 2010 oil production.

Tracy W.




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