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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: Miller Houghton who wrote (841)9/3/1997 8:47:00 PM
From: Buzz Mills   of 1017
 
Hi Miller,

It is really good hearing from you and I am very glad you met with moderate success on your well and that there is additional potential there for you. Runnels County--I'll have to look that up on my Texas Map--found it just northeast of San Angelo. How deep is the Goen limestone formation?? That is a new one for me.

Things are beginning to heat up at CWEI. This new well in Louisiana --the Mamau--is one of Ed Norwood's prospects that he brought to CWEI. Per Lajuanda Holder "A couple of "regular" employees and/or spouses have purchased lately." It is an 80Mcf possiblity and Lajuanda said it would take about two months to drill the 16-17,000 feet. About the time CWEI is able to announce the results of the Mamau, they will be announcing the results of the North Giddings 3-D seismic survey and the decision to drill, or not to drill, for the pinnacle reef wells.

CWEI's production jumped way up last quarter--it will be interesting to see how much of an increase there will be this quarter.

Ron--thanks for the URL--also forwarded it to CWEI for their Homepage--the one they had worked like mine (it didn't).

Welcome back Miller--hope you get to stay home for a while now.

Buzz
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