W&T OFFSHORE INC — Director's Dealing 2005

Sep 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: W&T OFFSHORE INC (WTI)
CIK: 0001288403
Period of Report: 2005-09-27

Reporting Person: LUIKART JAMES L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-27	Common Stock	J	56033	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42304	Direct

Footnotes

F1: Mr. Luikart is one of two managing members of Jefferies Capital Partners (a/k/a FS Private Investments III, LLC and referred to hereinafter as "JCP"). The other managing member of JCP is Brian Friedman.

F2: Prior to the reported transaction, JCP beneficially owned 56,033 shares of Common Stock. Mr. Luikart elected to report as indirectly owned all the shares beneficially owned by JCP and disclaimed beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein resulting from his direct or indirect interst in JCP.

F3: On September 27, 2005 JCP distributed 56,033 shares to its members without consideration on a pro rata basis. As a result, JCP no longer beneficially owns any shares and 16,342 shares previously held indirectly are now directly owned by Mr. Luikart.