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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 (191)12/18/1996 2:37:00 AM
From: Miller Houghton   of 1017
 
Buzz,
I am greatly impressed with your efforts here and elsewhere. If you would be so kind, please confirm or improve my understanding of CWEI's 3-D shoot on the Cotton Valley play. Are they shooting the north part of acerage they already hold in the Chalk play or have they acquired new acreage and or options.
I am in a prospect with CWEI and at a recent working interest owner's meeting they sent Sam Lissie the geologist on their Cotton Valley play along with their V.P. Jerry Groaner. Tried to swab them but only drew the expected no comment and a couple of smiles.
As of now and even in light of their recent big run up, I can't
see much downside and am now a buyer. Thank you, Miller Houghton
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