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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 (682)5/20/1997 4:50:00 PM
From: RonN   of 1017
 
News from investor relations:
I got mailed by Lujuanda H. the other day and she passed along some info.

Hanifen is supposed to get out a new report on CWEI (I understand this has been the word for a while now), but, there apparently is going to be another analyst doing reporting too. Unknown who that someone is, but good news just the same. She aslo says production is continuing to increase and all projects are on schedule.

The earnings estimates are about .17 per share 2ndQ and 1.12 per for cash flow, though management isn't apparently ready to endorse that figure yet.

All for now, --RonN
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