W&T Offshore Inc. appointed Sameer Parasnis to executive vice president and CFO, the company said in a June 22 press release. The appointment is effective starting July 3. (Source: Shutterstock.com)
W&T Offshore Inc. appointed Sameer Parasnis to executive vice president and CFO, the company said in a June 22 press release. The appointment is effective starting July 3.
Parasnis has served in various roles in the financial and operational sectors for over 25 years. Before joining W&T, he served as managing editor of Stifel Financial Corp.’s Energy & Energy Transition team in Houston. He has also worked for companies such as Credit Suisse, Reliance Industries Ltd. and Citigroup.
“Sameer has served as a trusted financial advisor to W&T over the years on key strategic initiatives of the company, including our drilling joint venture and corporate debt refinancing in 2018, the non-recourse term loan financing with Munich Re Reserve Risk Financing, Inc. in 2021, as well as our opportunistic at-the-market equity offering in 2022,” said Tracy Krohn, chairman and CEO of W&T. “We are confident that his experience with both W&T’s business and our senior management team will allow a smooth transition into this new role.”
W&T is an independent E&P primarily based in the Gulf of Mexico.
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