W&T Offshore, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by W&T Offshore, Inc. on September 12, 2007, covering events that occurred on September 10, 2007. The filing addresses significant changes in the company's principal officer structure.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is strictly an administrative report regarding personnel changes.
Material Changes
Effective September 10, 2007, the following executive changes were implemented:
- William W. Talafuse: Relinquished the titles and duties of Senior Vice President and Chief Accounting Officer to accept other duties within the company.
- John D. Gibbons: As Senior Vice President and Chief Financial Officer, accepted the additional duties and position of Chief Accounting Officer.
- Karen S. Acree: Appointed to the position of Vice President and Controller.
Management Commentary and Risks
Management highlighted Ms. Acree's qualifications, noting 25 years of public company accounting and financial reporting experience. Her background includes serving as Vice President and Controller of Bois d'Arc Energy, Inc. (NYSE-traded) and a long tenure with Global Santa Fe Corporation starting in 1982. She holds a B.B.A. in accounting from Texas Tech University and is a Certified Public Accountant. The filing includes a standard disclaimer that information furnished under Item 7.01 is not deemed filed for purposes of Section 18 of the Exchange Act unless specifically incorporated by reference.
Investor Verification Checklist
- Confirm the effective date of the new Chief Accounting Officer and Controller appointments (September 10, 2007).
- Review the attached press release (Exhibit 99.1) for additional context on the transition.
- Verify that no financial performance data was omitted from this specific filing, as it is a non-financial event report.