W&T Offshore, Inc. (NYSE:WTI) is looking for acquisitions. Tracy Krohn, Chairman and Chief Executive Officer said, "we believe that we are very well positioned to continue to make acquisitions, but we also feel that patience is important as we look for strategic value and free cash flow generation potential in all acquisition opportunities that we are continuously evaluating. So we can make acquisitions that add value, and we believe that there are numerous opportunities arising that will allow us to continue with that strategy".