W&T Offshore Converts $50 Million Credit Facility to Reserve-Based Lending Structure
MT newswire2026/10/07 21:1205:12 PM EDT, 10/07/2026 (MT Newswires) -- W&T Offshore (WTI) converted its $50 million revolving credit facility into a conventional reserve-based lending facility, effective Oct. 1, to be more flexible in managing liquidity, the company said late Wednesday. The facility has an initial $50 million borrowing base and maximum credit amount of $100 million, subject to borrowing base availability and lender consent, the company said. W&T said total liquidity was about $234 million entering Q4.
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