W&T Offshore Inc. last week reported first quarter adjusted earnings per share that beat expectations and CEO Tracy W. Krohn said the company is marketing a “sizeable” package of Gulf of Mexico (GOM) Outer Continental Shelf properties.
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W&T Seeking Oiler Plays, Sees Pricey Reserves
W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”
W&T Looking to Oilier Plays, Says Reserves Too Pricey
W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”
W&T Offshore Chief Skeptical of Shale Plays’ Payoff
Management of Houston-based W&T Offshore Inc. expects attractively priced acquisitions to start “landing in our lap,” CEO Tracy W. Krohn said last week. While the company has been looking on- and off-shore, at home and abroad, for prospects, Krohn described a strategy focused on oil and a general ambivalence toward gas shale plays.
W&T Offshore Looking for Deals, Focusing on Oil
Management of Houston-based W&T Offshore Inc. expects attractively priced acquisitions to start “landing in our lap,” CEO Tracy W. Krohn said Thursday. While the company has been looking on- and off-shore, at home and abroad, for prospects, Krohn described a strategy focused on oil and a general ambivalence toward gas shale plays.