---
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"
generated_at: "2026-06-09T08:03:24.124210+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# W&T Offshore terminates purchase agreement with Cox Oil Offshore

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-111755
- JSON: https://secwatch.observer/filing/0001104659-23-111755.json
- Plain text: https://secwatch.observer/filing/0001104659-23-111755.txt

## Key facts
- Material Agreements
  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
  source text: On October 20, 2023, the Company terminated the Purchase Agreement pursuant to and in accordance with Section 14.1(l) thereof
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288403/000110465923111755/0001104659-23-111755-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.