Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (282)	1/10/1997 4:37:00 PM
From: Buzz Mills	of 1017

CWEI Fourth Quarter Production Numbers I Emailed Lajuanda Holder, Director of CWEI Investor Relations, inquiring about the fourth quarter production numbers, relative to the third quarter; her response follows: >>>> Regarding the production levels -- I can't tell you anything other than that Hanifen estimates 4th quarter average daily production at 6,065 bbls. Third quarter's average daily production was 5,663. According to these numbers, 4th quarter production may increase slightly over 3rd quarter.<<<< That is good news. If those numbers hold up, that amounts to a 7% production increase over the third quarter and should bring CWEI in on the high side of my earlier estimated earnings range.

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