Swift Energy celebrates its 25th anniversary at The Closing Bell SM of the New York Stock Exchange.

 

Swift Energy Company is an independent U.S.-based oil and natural gas company engaged in the development, exploration, acquisition, and operation of oil and gas properties, with a focus on the onshore and inland-water areas of the Texas and Louisiana Gulf Coast. Excluding its New Zealand activities, which are being discontinued after a recent agreement to sell its New Zealand properties, the company has increased its domestic proved reserves at a compounded five-year growth rate of 6% per year, and in 2007, it increased its year-end domestic proved reserves by 13% from the previous year-end to approximately 134 million barrels of oil equivalent (MMBoe). Because the company has been able to build a high-quality portfolio of oil and gas reserves during a period of tight supplies, it has achieved five-year compounded growth rates of approximately 13% per year in domestic production, with a production of 10.6 MMBoe in 2007.

 

      Current News

Swift Energy First Quarter 10Q is now available in PDF format, May 9, 2008.

Webcast Replay: Swift Energy First Quarter 2008 Earnings Release and Conference Call, Thursday, May 8, 2008. (See related press release.)

Swift Energy Announces First Quarter 2008 Results: 88% Increase in Earnings from Continuing Operations to $49.8 Million, or $1.61 per Diluted Share; 62% Increase in Cash Flow from Continuing Operations to $136.3 Million, or $4.41 per Diluted Share, Press Release, May 8, 2008. Also available in PDF format.

Swift Energy Agrees to Sale of Remaining New Zealand Assets, Press Release, May 6, 2008.

Swift Energy's Proxy Statement for the 2008 annual meeting of shareholders is now online, April 11, 2008. Also available in PDF format.

Swift Energy's 2007 Annual Report, Spotlight on Value, is now online, April 7, 2008. Also available in PDF format.

Swift Energy's Form 10-K for the period ending December 31, 2007, February 29, 2008. Also available in PDF format.

A Tribute to A. Earl Swift, 1933-2006

For more details on the latest news, please see Current News in our News Room.

 


This page was last updated on Thursday, May 08, 2008, at 04:52:43 PM.

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