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Stock impact report

W&T Offshore Gulf of Mexico exploration well tops pre-drill estimates [Seeking Alpha]

W&T Offshore, Inc. (WTI) 
Last w&t offshore, inc. earnings: 3/4 04:45 pm Check Earnings Report
Company Research Source: Seeking Alpha
W&T Offshore ( WTI ) shoots higher after an exploration well drilled in the Ewing Bank 910 field in deepwater Gulf of Mexico exceeded pre-drill estimates by logging 163 ft. of net pay. WTI expects to have the well on production via existing infrastructure before year-end 2018. Following its completion, the rig will spud a second well, which the company says is another low-risk exploration opportunity in the field. WTI says both wells are part of a drilling joint venture program for the development of 14 pre-identified projects in the Gulf of Mexico, four of which are underway or on production. Earlier : W&T Offshore to sell non-core asset (Sep. 25) See all stocks on the move » Now read: W&T Offshore: An Interesting Play On The U.S. GoM » Subscribe for full text news in your inbox Show less Read more
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