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April 29, 2008
EnergyQuest Buys S. LA Package From Clayton Williams For $95MM

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Houston-based EnergyQuest II LLC, a portfolio company of Quantum Energy Partners IV LP, has acquired interests in 16 producing wells in Plaquemines Parish in southern Louisiana from Clayton Williams Energy Inc., Midland, Texas, (Nasdaq: CWEI) for approximately $95 million.


Clayton Williams reports the assets represent about half of the company’s proved developed reserves in southern Louisiana. The company reported approximately 34 billion cubic feet equivalent total proved reserves from its southern Louisiana assets as of Dec. 31, 2007.

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