W&T Offshore Investor Presentation — September 2022

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September 7, 2022 BARCLAYS

CONFERENCE W&T OFFSHORE | NYSE:WTI | FORWARD -LOOKING STATEMENT DISCLOSURE

2 The information contained in this presentation has been provided by W&T Offshore, Inc. ("W&T," the "Company," “we,” “our”

or “us”) and has not been verified independently. Unless otherwise stated, W&T is the source of the information. This

presentation contains “forward -looking statements” within the meaning of the Private Securities Litigation Reform Act of

1995, Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward -looking statements give our current

expectations or forecasts of future events. They include statements regarding our future operating and financial performance.

Although we believe the expectations and forecasts reflected in these and other forward -looking statements are reasonable,

we can give no assurance they will prove to have been correct. They can be affected by inaccurate assumptions or by known

or unknown risks and uncertainties, many of which are described under “Risk factors” in our Annual Report on Form 10 -K for

the year ended December 31, 2021 available on our website and at www.sec.gov. You should understand that the following

important factors, could affect our future results and could cause those results or other outcomes to differ materially from

those expressed or implied in the forward -looking statements relating to: (1) amount, nature and timing of capital

expenditures; (2) drilling of wells and other planned exploitation activities; (3) timing and amount of future production of oil

and natural gas; (4) increases in production growth and proved reserves; (5) operating costs such as lease operating expenses ,

administrative costs and other expenses; (6) our future operating or financial results; (7) cash flow and anticipated liquidi ty;

(8) our business strategy, including expansion into the deep shelf and the deepwater of the Gulf of Mexico, and the

availability of acquisition opportunities; (9) hedging strategy; (10) exploration and exploitation activities and property

acquisitions; (11) marketing of oil and natural gas; (12) governmental and environmental regulation of the oil and gas

industry; (13) environmental liabilities relating to potential pollution arising from our operations; (14) our level of

indebtedness; (15) timing and amount of future dividends; (16) industry competition, conditions, performance and

consolidation; (17) natural events such as severe weather, hurricanes, floods, fire and earthquakes; and (18) availability of

drilling rigs and other oil field equipment and services.