Form 3 - Initial statement of beneficial ownership of securities
July 03 2023 - 4:30PM
Edgar (US Regulatory)
Exhibit 24
POWER OF ATTORNEY
FOR EXECUTING FORM ID, FORMS 3, FORMS 4 AND FORMS 5,
FORM 144 AND SCHEDULE 13D AND 13G
The undersigned hereby constitutes and appoints
Jonathan Curth with full power of substitution, as the undersigned’s true and lawful attorney-in-fact to:
| (1) | Execute for and on behalf of the undersigned a Form ID (including amendments thereto), or any other
forms prescribed by the Securities and Exchange Commission, that may be necessary to obtain codes and passwords enabling the undersigned
to make electronic filings with the Securities and Exchange Commission of the forms referenced in clause (2) below; |
| (2) | Execute for and on behalf of the undersigned (a) any Form 3, Form 4 and Form 5 (including
amendments thereto) in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), (b) Form 144 and (c) Schedule 13D and Schedule 13G (including amendments thereto) in accordance with Sections
13(d) and 13(g) of the Exchange Act, but only to the extent each form or schedule relates to the undersigned’s beneficial
ownership of securities of W&T Offshore, Inc. or any of its subsidiaries; |
| (3) | Do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable
to complete and execute any Form ID, Form 3, Form 4, Form 5, Form 144, Schedule 13D or Schedule 13G (including
amendments thereto) and timely file the forms or schedules with the Securities and Exchange Commission and any shares exchange or quotation
system, self-regulatory association or any other authority, and provide a copy as required by law or advisable to such persons as the
attorney-in-fact deems appropriate; and |
| (4) | Take any other action in connection with the foregoing that, in the opinion of the attorney-in-fact, may
be of benefit to, in the best interest of or legally required of the undersigned, it being understood that the documents executed by the
attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in the form and shall contain the terms and
conditions as the attorney-in-fact may approve in the attorney-in-fact’s discretion. |
The undersigned hereby grants to the attorney-in-fact
full power and authority to do and perform all and every act requisite, necessary or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full
power of substitution or revocation, hereby ratifying and confirming all that the attorney-in-fact shall lawfully do or cause to be done
by virtue of this Power of Attorney and the rights and powers granted herein. The undersigned acknowledges that the attorneys-in-fact,
in serving in such capacity at the request of the undersigned, are not assuming (nor is W&T Offshore, Inc. assuming) any of the
undersigned’s responsibilities to comply with Section 16 of the Exchange Act.
The undersigned agrees that the attorney-in-fact
may rely entirely on information furnished orally or in writing by or at the direction of the undersigned to the attorney-in-fact. The
undersigned also agrees to indemnify and hold harmless W&T Offshore, Inc. and the attorney-in-fact against any losses, claims,
damages or liabilities (or actions in these respects) that arise out of or are based upon any untrue statements or omissions of necessary
facts in the information provided by or at the direction of the undersigned, or upon the lack of timeliness in the delivery of information
by or at the direction of the undersigned, to the attorney-in fact for purposes of executing, acknowledging, delivering or filing a Form ID,
Form 3, Form 4, Form 5, Form 144, Schedule 13D or Schedule 13G (including amendments thereto) and agrees to reimburse
W&T Offshore, Inc. and the attorney-in-fact on demand for any legal or other expenses reasonably incurred in connection with
investigating or defending against any such loss, claim, damage, liability or action.
This Power of Attorney shall remain in full force
and effect until the undersigned is no longer required to file Form ID, Form 3, Form 4, Form 5, Form 144, Schedule
13D and Schedule 13G (including amendments thereto) with respect to the undersigned’s holdings of and transactions in securities
issued by W&T Offshore, Inc., unless earlier revoked by the undersigned in a signed writing delivered to the attorney-in-fact.
This Power of Attorney does not revoke any other power of attorney that the undersigned has previously granted.
IN WITNESS WHEREOF, the undersigned has caused
this Power of Attorney to be executed as of the date written below.
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/s/ Sameer Parasnis |
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Signature
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Sameer Parasnis
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Name |
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07/03/2023
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Date |
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