{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-111755","form_type":"8-K","ticker":"WTI","cik":"0001288403","company_name":"W&T OFFSHORE INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.535968+00:00","generated_at":"2026-06-09T08:03:24.124210+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"W&T Offshore terminates purchase agreement with Cox Oil Offshore","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-111755","json":"https://secwatch.observer/filing/0001104659-23-111755.json","markdown":"https://secwatch.observer/filing/0001104659-23-111755.md","text":"https://secwatch.observer/filing/0001104659-23-111755.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288403/000110465923111755/0001104659-23-111755-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288403/000110465923111755/tm2329140d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:03:24.124210+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7db256676efa587dc2e1531a88754803c630e9c5","claim":"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).","evidence_excerpt":"On October 20, 2023, the Company terminated the Purchase Agreement pursuant to and in accordance with Section 14.1(l) thereof","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288403/000110465923111755/0001104659-23-111755-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"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"},{"label":"Effective","value":"2023-10-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}