UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 8, 2007
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CLAYTON WILLIAMS ENERGY, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 001-10924 75-2396863
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(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification Number)
6 Desta Drive, Suite 6500, Midland, Texas 79705-5510
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(Address of principal executive offices) (Zip code)
Registrant's Telephone Number, including area code: (432) 682-6324
Not applicable
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(Former name, former address and former fiscal year,
if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2 (b) under the
Exchange Act (17 CFR 240.14d-2 (b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the
Exchange Act (17 CFR 240.13e-4 (c))
In accordance with General Instruction B.2. of Form 8-K, all of the information
furnished in Items 2.02 and 7.01 of this report and the accompanying exhibits
shall not be deemed to be "filed" for the purposes of Section 18 of the
Securities and Exchange Act of 1934, as amended, is not subject to the
liabilities of that section and shall not be incorporated by reference in any
filing under the Securities Act of 1933, as amended.
Item 2.02 - Results of Operations and Financial Condition
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On May 8, 2007, the Company issued the news release attached hereto as Exhibit
99.1 reporting the financial results of the Company for the quarter ended March
31, 2007.
Item 7.01 - Regulation FD Disclosure
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The news release issued by the Company on May 8, 2007 included estimates for
planned expenditures for exploration and development activities for fiscal 2007.
The Company hereby incorporates by reference into this Item 7.01 of Form 8-K the
portion of the news release attached as Exhibit 99.1 related to these estimated
expenditures. This information was furnished to update public disclosure of the
Company's plans for exploration and development expenditures for 2007. The
Company cautions users of this information that the estimates provided in this
Exhibit 99.1 are based on information available to the Company as of the date of
this filing, and actual results may vary materially from these estimates. The
Company does not undertake any obligation to update these estimates as
conditions change or as additional information becomes available.
Item 9.01 - Financial Statements and Exhibits
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The following exhibit is provided as part of the information furnished under
Items 2.02 and 7.01 of this report.
Exhibit
Number Description
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99.1 News release dated May 8, 2007 by Clayton Williams
Energy, Inc. announcing first quarter 2007 results
and planned expenditures for exploration and
development activities for fiscal 2007
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CLAYTON WILLIAMS ENERGY, INC.
Date: May 9, 2007 By: /s/ L. Paul Latham
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L. Paul Latham
Executive Vice President and Chief
Operating Officer
Date: May 9, 2007 By: /s/ Mel G. Riggs
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Mel G. Riggs
Senior Vice President and Chief
Financial Officer