clayton williams energy

BNET Resources

• sort by:
• Relevance
• Date
• Popularity

Yard Sale at Clayton Williams Energy

Clayton Williams Energy reports a binding agreement to sell two new 2,000 horsepower drilling rigs and related components for total cash consideration of $22 million. Net proceeds from the sale will be used to repay bank indebtedness. Unfortunately, the proceeds will do little to improve the oil and gas operator's...

Tags: New Mexico, Texas, Louisiana, Clayton Williams Energy, CWI, Asset Management, Balance Sheets, Operational Accounting, Financial Services, Operational Planning, Business Operations, Financial Statements, Financial Accounting, Finance, David Phillips

Blog posts 2008-05-28

Additional Resources

Clayton Williams Energy Announces Second Quarter 2008 Financial Results

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ: CWEI) reported a net loss for the second quarter of 2008 of $21.2 million, or $1.75 per share, as compared to net income of $8.8 million, or $.77 per share, for the second quarter of 2007. Cash flow from operations for the...

Articles 2008-08-06

Clayton Williams Energy, Inc. Q2 2008 Results Conference Call

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ: CWEI), will hold its second quarter results conference call on Wednesday, August 6, 2008, at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). CWEI expects to issue the news release sometime before the market opens on Wednesday, August 6, 2008. Dial In...

Articles 2008-07-28

Brigham Exploration Announces High Rate Main Pass Production Test and New Southern Louisiana Discovery

Brigham Exploration Company (NASDAQ: BEXP)announced that its Main Pass SL 18826 #1 discovery was production tested ata rate of 15.4 MMcf of natural gas per day. Brigham also drilled anapparent discovery with its second joint venture well at Chandeleur Sound.Brigham Exploration owns a 50% working interest in both...

Articles 2008-07-07

Brigham Exploration Announces Southern Louisiana Discovery

Brigham Exploration Company (NASDAQ: BEXP)announced that the first of six wells it plans to drill as part of itsSouthern Louisiana joint venture is an apparent discovery. The SL 18826 #1 encountered approximately 100 feet of apparent Miocene payin four intervals at depths of between 7,140 and 7,680 feet....

Articles 2008-06-18

McCain urges end to ban on offshore drilling

ARLINGTON, Va. -- Sen. John McCain said Monday the federal moratorium on offshore oil and gas drilling should be lifted, and individual states given the right to pursue energy exploration in waters near their own coasts. With gasoline prices rising and the United...

Articles 2008-06-17

Commentary: Billionaires head Roth's Corporation Commission campaign

Not one, not two, not three but four Oklahoma billionaire families are acting as "Honorary Co-Chairs" for Jim Roth's campaign for Oklahoma corporation commissioner. It is unique if not unprecedented. A Democrat, Roth was appointed to the commission last year when Commissioner...

Articles 2008-06-16

God bless America

THE MOST NOBLE ADVENTURE by Greg Behrman Aurum, £25, pp. 464, ISBN 9781845133269 £20 (plus £2.45 p&p) 0870 429 6655 The Most Noble Adventure contains a striking pair of photographs of the business district in Hamburg. The first, taken in 1945, shows shattered buildings,...

Articles 2008-06-14

Clayton Williams Energy Agrees to Sell 2,000 HP Drilling Rigs for $22 Million

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) today reported that it had entered into a binding agreement to sell two 2,000 horsepower drilling rigs and related components for total cash consideration of $22 million. The Company's carrying value for these rigs is approximately $16.1 million. The Company expects to...

Articles 2008-05-27

Clayton Williams Energy Provides Financial Guidance for 2008

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ: CWEI) today filed a Form 8-K with the Securities and Exchange Commission to provide financial guidance disclosures for the year ending December 31, 2008. This guidance was furnished to provide public disclosure of the estimates being used by the Company to model...

Articles 2008-05-15

Clayton Williams Energy Announces First Quarter 2008 Financial Results

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) reported net income for the first quarter of 2008 of $7.2 million, or $.62 per share, as compared to a net loss of $12.3 million, or $1.09 per share, for the first quarter of 2007. Cash flow from operations for the first...

Articles 2008-05-06

William H. Hudnut III Presents to ULI St. Louis

William H. Hudnut III, former four-term Mayor of Indianapolis and Congressman, author, public speaker, TV commentator and currently Senior Resident Fellow, Urban Land Institute ULI Joseph C. Canizaro Chair for Public Policy, Washington, D.C. knows a thing or two about land utilization. The former mayor and congressman paid...

Articles 2008-05-01

Clayton Williams Energy Announces Recent Sales of Assets

Producing Properties in South Louisiana and Well Service Equipment MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) reported that it had recently closed two asset sales. On April 25, 2008, the Company and its affiliates sold all of their interests in 16 producing wells in South Louisiana to...

Articles 2008-04-29

EnergyQuest II, LLC Announces Acquisition of South Louisiana Assets

HOUSTON -- EnergyQuest II, LLC ("EnergyQuest") is pleased to announce the acquisition of certain South Louisiana properties from Clayton Williams Energy, Inc., with an effective date of March 1, 2008, for an aggregate purchase price of approximately $95 million. This purchase expands the holdings of EnergyQuest along the...

Articles 2008-04-29

Clayton Williams Energy, Inc. Q1 2008 Results Conference Call

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI), will hold its first quarter results conference call on Tuesday, May 6, 2008, at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). CWEI expects to issue the news release sometime before the market opens on Tuesday, May 6, 2008. Dial...

Articles 2008-04-23

Investment Tutorial for Shareholders of Clayton Williams Energy Inc.

M2 PRESSWIRE-2 April 2008-Stock Target Upgrade: Investment Tutorial for Shareholders of Clayton Williams Energy Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:02042008 InternationalStockTargets.com is focused on helping investors make money in any market conditions. Our goal is simple, to help walk ...

Articles 2008-04-02

Clayton Williams Energy to Host Investor Meeting at IPAA OGIS New York Conference

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) today announced that it will host an investor meeting at the IPAA OGIS New York Conference. The breakfast meeting is scheduled on Tuesday, April 8, 2008 at 7:45 a.m. ET at the Sheraton New York Hotel & Towers, 811 7th...

Articles 2008-04-02

Clayton Williams Energy Provides Update on Operations

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) today provided an update on its exploration and development activities by area. East Texas Bossier The Company has drilled two wells targeting the deep Bossier sands in East Texas: the Big Bill Simpson #1, a 19,000-foot exploratory well...

Articles 2008-03-12

Clayton Williams Energy Announces 2007 Financial Results and Reserves

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI) reported net income for the fourth quarter of 2007 of $8.5 million, or $.74 per share, as compared to a net loss of $8.9 million, or $.81 per share, for the fourth quarter of 2006. Cash flow from operations for the fourth...

Articles 2008-03-12

Clayton Williams Energy, Inc. Year End 2007 and Q4 2007 Results Conference Call

MIDLAND, Texas -- Clayton Williams Energy, Inc. (NASDAQ:CWEI), will hold its annual results conference call to discuss fourth quarter and year end 2007 results on Wednesday, March 12, 2008, at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). CWEI expects to issue the news release sometime before the market opens...

Articles 2008-02-28