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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 (868)9/20/1997 2:00:00 AM
From: Patrick J. Saunders   of 1017
 
Mr. Mills,

Sir, No need to apologize to me for wordings on future potentials
or previous posts...As far as I am concerned, well production
numbers (predictions) is nothing more than pure magic to me.

I appreciate your constant DD on the oils and hope to learn more
from your knowledge. Long term, I can't see oil dropping much
below the $18 / barrel range, however, my prediections are a
better contrarian indicator for the future .... <G> I always
tell my friends when I buy so they can sell. Ha!

I expect to see the El Nino effect actually improve the oil
consumption with heavier snows and a wetter winter this year.

I am always suprised to get "email" from the IR department of
CWEI and have started posting their reposnses here (with their
permission). I wish more CEO's/IR departments could communicate
in this fashion. CWEI seems to be a great co and I expect them
(the stock) to continue appreciating as the other wells come on
line.

What would you think of the current life expectancy of their
currently producing wells? I appreciate your inputs. (Not yet
an oil man.) Pat
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