On April 29, 2024, W&T Offshore, Inc. entered into a Seventeenth Amendment to the Sixth Amended and Restated Credit Agreement dated as of April 29, 2024, among the Company, certain of its guarantor subsidiaries, Alter Domus (US) LLC, as administrative agent, and certain of the Company's lenders and other parties thereto (as heretofore amended, the Credit Agreement"). The Seventeenth Amendment, which became effective as of April 29, 2024, amends the Sixth Amended and Restated Credit Agreement dated as of October 18, 2018 to extend the maturity date from April 30, 2024 to May 31, 2024. As of December 31, 2023, there were no borrowings outstanding under the Credit Agreement and no borrowings had been incurred under the Credit Agreement during the year ended December 31, 2023.

As of December 31, 2023, the Company had $4.4 million outstanding in letters of credit which have been cash collateralized.