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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: RonN who wrote (896)10/15/1997 1:31:00 PM
From: Buzz Mills   of 1017
 
I don't know what Hanifen's original estimate was:

Zacks is at 0.16 and that is an average of the 4 analysts following CWEI.

Oil prices were low during the quarter, natural gas prices were up, production was up, and exploration charges were up. The 3-D will be addressed in the earnings release, but I don't think the Mamau will--figure they started drilling late--I don't think it will be completed by that time--but maybe Lajuanda will give us an update on that.
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