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Ticker:CWEI
Company Name: Clayton Williams Energy, Inc.

Business Overview from 10-K filing for Clayton Williams Energy, Inc.:

Clayton Williams Energy, Inc., incorporated in Delaware in 1991, is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana, New Mexico and Mississippi. Unless the context otherwise requires, references to the “Company”, “CWEI”, “we”, “us” or “our” mean Clayton Williams Energy, Inc. and its consolidated subsidiaries. Our total estimated proved reserves at December 31, 2004 were 138.3 Bcf of natural gas and 26.8 million barrels of oil and natural gas liquids, and our estimated present value of proved reserves was $705.3 million. During 2004, we added proved reserves of 46.8 Bcfe through extensions and discoveries, had upward revisions of previous estimates of 16.6 Bcfe, acquired 170.8 Bcfe through an acquisition and sold 28.1 Bcfe of reserves in place. CWEI held interests in 6,582 gross (886.     

View the full CWEI chart at Wikinvest

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