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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: Craig Gantner who wrote (702)5/31/1997 9:35:00 PM
From: Buzz Mills   of 1017
 
Craig,

I didn't see the buys that pushed CWEI up to 14 1/4 but the last eight trades were all sells--the last being a 5500 share block at 13 1/2--there were 3 downticks over the last eight trades. There are some buyers out there and I think it centers around CWEI's increasing production which is probably in the farm-in agreement. Also, Marathon (MRO) hit a new 52 week high on Friday and they should be very close to, if not at, total depth on the George Savell well--they wouldn't give me an update the last time I requested one.

Buzz
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