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W&T Offshore Amends Revolving Credit Facility
W&T Offshore, Inc. has amended its existing revolving bank credit facility and modified certain covenants to enhance the Company's financial flexibility. Details of the amended agreement can be accessed in a Current Report on Form 8-K that we filed with the Securities and Exchange Commission today.
As a result of the April 2015 semi-annual redetermination, the borrowing base under the bank credit facility was set at $600 million. At March 31, 2015 we had $514 million drawn under the bank credit facility.
Announced Date
April 27,2015
Value ( $MM )
600
Type
Debt
Use of Fund
General Purpose
Company
W&T Offshore Inc.
Regions
Offshore,Gulf of Mexico
Country
United States
Play
Gulf Of Mexico (GOM)
Offshore Related Financings
| Announced Date | Title | Company | Value($MM) | Financing Type |
|---|---|---|---|---|
| 2021-11-09 | Talos Affiliates Apollo, Riverstone Selling Six Million Shares | Talos Energy Inc | Debt | |
| 2021-10-25 | Kosmos Energy Taps Debt Markets for $400 Million | Kosmos Energy | 400 | Debt |
| 2021-03-02 | Murphy Oil Offers $550 Million in 6.375% Senior Notes | Murphy Oil Corp | 550 | Debt |
| 2021-02-23 | Kosmos Pulls $400 Million from Debt Markets | Kosmos Energy | 400 | Debt |
Gulf of Mexico Related Financings
| Announced Date | Title | Company | Value($MM) | Financing Type |
|---|---|---|---|---|
| 2021-11-09 | Talos Affiliates Apollo, Riverstone Selling Six Million Shares | Talos Energy Inc | Debt | |
| 2021-10-25 | Kosmos Energy Taps Debt Markets for $400 Million | Kosmos Energy | 400 | Debt |
| 2021-03-02 | Murphy Oil Offers $550 Million in 6.375% Senior Notes | Murphy Oil Corp | 550 | Debt |
| 2021-02-23 | Kosmos Pulls $400 Million from Debt Markets | Kosmos Energy | 400 | Debt |