On November 5, 2008, the Company issued the news release attached hereto as Exhibit 99.1 reporting the financial results of the Company for the quarter ended September 30, 2008.

On November 5, 2008, the Company issued the news release attached hereto as Exhibit 99.2 reporting plans for fourth quarter 2008 capital spending and providing an update on operations. The news release included estimates for planned expenditures for exploration and development activities for fiscal 2008. This information was furnished to update public disclosure of the Company's plans for exploration and development expenditures for 2008. The Company cautions users of this information that the estimates provided in this Exhibit 99.2 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.

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 November 5, 2008 by Clayton Williams Energy,
                  Inc. announcing third quarter 2008 results.

    99.2          News release dated November 5, 2008 by Clayton Williams Energy,
                  Inc. announcing update on operations and planned expenditures
                  for exploration and development activities for fiscal 2008.