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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (672)5/16/1997 3:23:00 AM
From: Miller Houghton   of 1017
 
Buzz,
I visited with some of the CWEI people on Wednesday and one of them said "If the truth were known, nothing positive has occured in the Cotton Valley play for several months". He was refering to the wells drilled to the north of them. I feel like this lack of success has been the reason for the weakness in CWEI stock for the last couple of months.
Miller
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