W&T Offshore, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by W&T Offshore, Inc. on May 26, 2005. The report details corporate governance actions taken at the company's annual meeting of shareholders held in Houston, Texas.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel and board appointments.
Material Changes
The primary material change reported is the election and appointment of directors and principal officers:
- Board of Directors: Shareholders elected Tracy W. Krohn, Jerome F. Freel, James L. Luikart, Stuart B. Katz, and Virginia Boulet to one-year terms.
- Executive Leadership: The Board re-elected Tracy W. Krohn as Chairman of the Board, Chief Executive Officer, President, and Treasurer. J.F. Freel was re-elected as Secretary.
- Committee Appointments:
- Audit Committee: James L. Luikart, Stuart B. Katz, and Virginia Boulet (Chair: Stuart B. Katz).
- Compensation Committee: James L. Luikart (Chair) and Stuart B. Katz.
- Nominating and Corporate Governance Committee: Tracy W. Krohn, Jerome F. Freel, and Virginia Boulet (Chair: Virginia Boulet).
- Other Officers: W. Reid Lea was re-appointed as Vice President of Finance, Chief Financial Officer, and Assistant Secretary. Joseph P. Slattery was re-appointed as Vice President of Operations, and Jeffrey M. Durrant as Vice President of Exploration.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirm the tenure of the newly elected Board of Directors and their specific committee roles.
- Verify the continuity of executive leadership, specifically the re-election of Tracy W. Krohn in multiple key roles.
- Note that this filing contains no financial performance data; investors should refer to the most recent 10-K or 10-Q for financial metrics.