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Stock impact report

BRIEF-W&T Offshore Announces Gulf Of Mexico Joint Exploration And Development Program With Investor Group [Reuters]

W&T Offshore, Inc. (WTI) 
Last w&t offshore, inc. earnings: 3/4 04:45 pm Check Earnings Report
Company Research Source: Reuters
BRIEF-W&T Offshore Announces Gulf Of Mexico Joint Exploration And Development Program With Investor Group | Reuters Reuters Staff 1 Min Read March 12 (Reuters) - W&T Offshore Inc: * W&T OFFSHORE ANNOUNCES GULF OF MEXICO JOINT EXPLORATION AND DEVELOPMENT PROGRAM WITH INVESTOR GROUP * W&T OFFSHORE - ?ANTICIPATED PROJECT LEVEL COMMITMENT FOR DRILLING PROGRAM OF UP TO $419.6 MILLION * W&T OFFSHORE-RECEIVES INITIAL CASH REIMBURSEMENT OF ABOUT $20 MILLION FOR COSTS ALREADY INCURRED IN RELATION TO DRILLING OF SOME WELLS INCLUDED IN PROGRAM * W&T OFFSHORE INC - ?W&T INITIALLY RECEIVES 30.0% OF NET REVENUES FROM DRILLING PROGRAM WELLS * W&T OFFSHORE INC - ?UPON INVESTOR GROUP ACHIEVING CERTAIN RETURN THRESHOLDS, W&T’S SHARE OF WELL NET REVENUE INCREASES TO 38.4%? Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Show less Read more
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