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Clayton Williams Energy Provides Financial Update

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May 14, 2014

On May 12, Clayton Williams Energy Inc. (NYSE: CWEI) detailed financial results for first-quarter 2014, as well as year-end 2014.

The company contrasted the actual expenditures from first-quarter 2014, which ended March 31, with the planned expenditures from year-end 2013, which was Dec. 31, 2013. For first-quarter 2014, there was $84,400 in the capex for exploration and production (E&P), the company said. The planned expenditure from year-end 2013 for E&P had been $418,700, the company added. Throughout fiscal year 2014, the company plans to spend about $418.7 million in E&P, ...

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