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News 2026-10-07 20:53 UTC

W&T Offshore converts revolver to $100 mln RBL

W&T Offshore amended its credit agreement to convert its revolving line into a reserve-based revolving credit facility with a $100 million maximum and $50 million in initial elected commitments, with an initial $50 million borrowing base and semi-annual redeterminations starting Nov. 1, 2026.