W&T Offshore extends credit maturity to Dec 31, 2024; replaces EY with Deloitte as auditor

W&T OFFSHORE INC

Extended credit agreement maturity from June 30 to December 31, 2024, subject to monthly conditions and no lender termination notice.
Prohibited loan proceeds use for other indebtedness; lowered excess cash sweep threshold.
No borrowings outstanding as of March 31, 2024; $4.4M letters of credit cash collateralized.
Dismissed Ernst & Young as auditor on June 25, 2024; no disagreements or reportable events reported.
Engaged Deloitte & Touche as new independent auditor for the fiscal year ending December 31, 2024.

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