MANAGING GROWTH IN A
VOLATILE ENVIRONMENT

                                                   1998 ANNUAL REPORT

Investor Information 

Board of Directors

A. Earl Swift
Chairman of the Board
Swift Energy Company

Virgil N. Swift
Vice Chairman of the Board
Swift Energy Company

G. Robert Evans
Retired Chairman and CEO
Material Sciences Corporation

Raymond O. Loen
President
R. O. Loen Company

Henry C. Montgomery
Chairman and Founder
Montgomery Financial Services Corp.

Clyde W. Smith, Jr.
President
Millennium Technology Services, Inc.

Harold J. Withrow
Consultant

Officers

A. Earl Swift
Chief Executive Officer

Terry E. Swift
President
Chief Operating Officer

Virgil N. Swift
Executive Vice President--Business Development

John R. Alden
Senior Vice President--Finance,
Chief Financial Officer, Secretary

Joe A. D'Amico
Senior Vice President--Exploration & Development

James M. Kitterman
Senior Vice President--Operations

Bruce H. Vincent
Senior Vice President--Funds Management

Alton D. Heckaman, Jr.
Vice President
Controller

James P. Mitchell
Vice President--Land

Victor R. Moran
Vice President--Natural Gas Marketing/Business Development

Khushroo N. J. Patel
Vice President--Geophysics

Tara L. Seaman
Vice President--Acquisitions, Dispositions, & Reserves

James R. Stewart
Vice President--Drilling & Production

Adrian D. Shelley
Treasurer

D. Wynn Ibach
General Counsel


CORPORATE HEADQUARTERS
Swift Energy Company
16825 Northchase Drive, Suite 400
Houston, Texas 77060-6098
Telephones: (281) 874-2700
                    (800) 777-2412


PRINCIPAL SUBSIDIARY COMPANIES
SWENCO-Western, Inc.
Denver, Colorado

Swift Energy Marketing Company
Houston, Texas

Swift Energy International, Inc.
Houston, Texas


TRANSFER AGENT AND REGISTRAR
American Stock Transfer & Trust Company
40 Wall Street
New York, New York 10005


EXCHANGE LISTINGS
New York Stock Exchange
Pacific Exchange, Inc.
Symbol "SFY"


INDEPENDENT ACCOUNTANTS
Arthur Andersen LLP
711 Louisiana, Suite 1300
Houston, Texas 77002


COUNSEL
Jenkens & Gilchrist
A Professional Corporation
1100 Louisiana, Suite 1800
Houston, Texas 77002

Annual Meeting

4 p.m., Tuesday, May 11, 1999
Marriott Hotel at Greenspoint
255 N. Sam Houston Parkway East
Houston, Texas 77060

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