W&T Offshore, Inc. (NYSE:WTI) is seeking to acquire assets. Tracy Krohn Chairman and Chief Executive Officer said during the First Quarter 2024 Conference Call, "We appreciate your interest in W&T. We will continue to work hard to make sure that we're increasing production reserves and cutting costs. Those are the primary things that we need to do and work towards every day.

I do want to thank the team. They've done a really good job under difficult conditions with the latest acquisition that came out of bankruptcy. Nobody is ever happy during bankruptcy and understandably so.

But it does have nice outcome for us, and we look forward to continuing to develop these assets and continue to also look at other assets to acquire".