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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 (722)6/12/1997 6:48:00 PM
From: Buzz Mills   of 1017
 
CWEI closed @ 13 1/2, +3/8, Bid 13 1/2 x Ask 13 7/8....Vol..192.4K

Very heavy volume; two 85.5K share trades back to back, first one at 13 1/4, second at 13 3/8. There was also a 10K buy at 13 5/8 ahead of those trades. NYMEX quotes was down today and the following quotes were obtained from Bloomberg's.

Oil $19.32, +0.79 (CWEI received $19.38 in Q2 1996)
Natural Gas, $2.14, (CWEI received $2.53 in Q2 1996)

CWEI receives a premium, for the liquids in its natural gas, on top
of the stated priced.
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