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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 (12)11/7/1996 6:54:00 PM
From: Kendell Phillips   of 1017
 
This is great news. The acceleration in this survey could lead to more oil production in 1997.. The cost probably will not impact fourth quarter results since it does not start until Jan. I got your email thanks. I have a prospectus on the new offering coming to my home. DO you see any benefits in buying the new offering versus buying from the market? The new offering will have restrictions. I have heard it would have to be held for 6 months. Dont know for sure. How about any other players in the oil industry? Wished I had bought this stock at $3 earlier this year.
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