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 (363)	2/5/1997 11:15:00 PM
From: Miller Houghton	of 1017

I visited recently with a geologist, that I can not name, who is very much in the know re: the chances of the Cotton Valley Pinnacle Reef running another 24 miles to the south and onto the CWEI acreage. His assessment was that the chance of it being under the CWEI Austin Chalk play as being above 50%. He used the verbage as being a very good chance. This, of cource, would do wonders for the stock price and company future. I too am holding and adding to my CWEI position during this seasonal correction. We should be drilling our eastern shelf prospect in April with CWEI. Will keep you posted if results are of interest. Miller Houghton

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