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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 (894)10/15/1997 11:52:00 AM
From: RonN   of 1017
 
Well, that's a boatload of information to see this early in the morning. Looks like she is tempering the good production numbers with the exploration costs (wich we already expected).

Nothing really stands out here, though it's nice to see a confirmation that the 3-d and Mamau (project) will be addressed in the earnings release.

I have some worries about that paragraph refering to hanifens estimate at 1.09 and an eps of .14 per share but I think they've been figuring .14 for the quarter all along, haven't they?

--RonN
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