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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: Craig Gantner who wrote (241)12/27/1996 6:02:00 PM
From: Buzz Mills   of 1017
 
Hi Craig,

CWEI had been releasing their quarterlies in the second week of the second month following the quarter, i.e. August 11, however the third quarter report was released on October 24, only 3 1/2 weeks after the end of the quarter. I think CWEI pushed that one out the door because of the relationship of it to their two week sales tour prior to the Secondary Offering which was on November 14--(helps to have good numbers on the table when you are trying to sell something). I will send Lajuanda Holder, Director of CWEI Investor Relations an Email--they will be back to work on Monday and find out if she has any idea when it will be released at this point in time. I would hazard a guess that since it is both an end-of-the-year and end-of-the-quarter, it won't be available before the middle of February, but I could be wrong about that. In between now, and then, it is my opinion that CWEI's stock should perform very well.

BTW, thanks for mentioning the use of natural gas in electrical power generation in your previous post, hadn't even thought about that. Is there any information available on the Internet regarding the process? I certainly would like to read about it.

Buzz
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