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): August 8, 2007 -------------- CLAYTON WILLIAMS ENERGY, INC. ----------------------------------- (Exact name of Registrant as specified in its charter) Delaware 001-10924 75-2396863 --------------- ----------------- ---------------- (State or other (Commission File Number) (I.R.S. Employer jurisdiction of Identification Number) incorporation or organization) 6 Desta Drive, Suite 6500, Midland, Texas 79705-5510 - ----------------------------------------- ---------- (Address of principal executive offices) (Zip code) Registrant's Telephone Number, including area code: (432) 682-6324 Not applicable ---------------------------------------------------- (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 - --------- --------------------------------------------- On August 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 June 30, 2007. Item 7.01 - Regulation FD Disclosure - --------- ------------------------ The news release issued by the Company on August 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 - --------- --------------------------------- The following exhibit is provided as part of the information furnished under Items 2.02 and 7.01 of this report. Exhibit Number Description ------ -------------------------------------------------------- 99.1 News release dated August 8, 2007 by Clayton Williams Energy, Inc. announcing second 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: August 9, 2007 By: /s/ L. Paul Latham ---------------------------------- L. Paul Latham Executive Vice President and Chief Operating Officer Date: August 9, 2007 By: /s/ Mel G. Riggs ---------------------------------- Mel G. Riggs Senior Vice President and Chief Financial Officer