W&T Offshore terminates purchase agreement with Cox Oil Offshore

W&T OFFSHORE INC

Terminated purchase agreement for certain assets from Cox Oil Offshore and related entities on Oct 20, 2023.
Termination allowed under Section 14.1(l) of the agreement, effective after 5:00 p.m. CT on Oct 20.
Deal was previously disclosed on Sep 26, 2023; no reason for termination given.
No termination fee or other financial consequences mentioned in the filing.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

W&T OFFSHORE INC terminated Purchase Agreement with Cox Oil Offshore, L.L.C., Energy XXI GOM, LLC, EPL Oil & Gas, LLC, MLCJR LLC, Cox Operating L.L.C., Energy XXI Gulf Coast, LLC and M21K, LLC (effective 2023-10-20).

Action: termination
Agreement: asset purchase
Counterparty: Cox Oil Offshore, L.L.C., Energy XXI GOM, LLC, EPL Oil & Gas, LLC, MLCJR LLC, Cox Operating L.L.C., Energy XXI Gulf Coast, LLC and M21K, LLC
Effective: 2023-10-20

Exact text from the filing

On October 20, 2023, the Company terminated the Purchase Agreement pursuant to and in accordance with Section 14.1(l) thereof

View on SEC.gov

Browse all material agreements →

W&T OFFSHORE INC filing history →

Source: SEC EDGAR

accession 0001104659-23-111755

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.