SWIFT ENERGY COMPANY 1997 NEWS RELEASES

SWIFT'S RECENT DRILLING SUCCESS BOOSTS PRODUCTION 15%
HOUSTON, December 17, 1997

SWIFT ENERGY EXTENDS STOCK REPURCHASE PROGRAM
HOUSTON, December 15, 1997

SWIFT ENERGY SECURES ADDITIONAL DEVELOPMENT DRILLING LOCATIONS IN ITS CORE-AREA SOUTH TEXAS OPERATIONS
HOUSTON, November 17, 1997

SWIFT ENERGY POSTS RECORD FINANCIAL RESULTS FROM STRONG QUARTERLY AND YEAR-TO-DATE PRODUCTION GROWTH
HOUSTON, November 5, 1997

TERRY SWIFT NAMED PRESIDENT OF SWIFT ENERGY COMPANY
HOUSTON, November 3, 1997

SWIFT ENERGY EXTENDS ITS ACREAGE POSITION AND DRILLING SUCCESS IN THE TEXAS AUSTIN CHALK
HOUSTON, October 20, 1997

SWIFT ENERGY DECLARES 10% STOCK DIVIDEND, CONTINUED RESERVE GROWTH EXPECTED
HOUSTON, October 1, 1997

SWIFT ENERGY ANNOUNCES NEW FIELD DISCOVERY IN TRINITY COUNTY, TEXAS
HOUSTON, September 16, 1997

SWIFT ENERGY REPORTS SIGNIFICANT OIL AND GAS PRODUCTION INCREASE FUELING INCREASED QUARTERLY AND SIX MONTH RESULTS
HOUSTON, August 6, 1997

SWIFT ENERGY ADOPTS RIGHTS PLAN
HOUSTON, August 1, 1997

SWIFT ENERGY REPORTS SUCCESSFUL HORIZONTAL WELL COMPLETION AND OUTLINES INCREASED 1997 WELLS TO BE DRILLED
HOUSTON, July 24, 1997

SWIFT ENERGY ANNOUNCES PRELIMINARY RESULTS ON AUSTIN CHALK EXPLORATORY WELL IN WALKER COUNTY, TEXAS
HOUSTON, June 9, 1997

SWIFT ENERGY POSTS DRAMATIC FIRST QUARTER GAINS IN EARNINGS AND CASH FLOW
HOUSTON, May 8, 1997

SWIFT ENERGY DRILLS SIGNIFICANT HORIZONTAL GAS WELL
HOUSTON, May 5, 1997

SWIFT ENERGY REPORTS STOCK BUYBACK STATUS
HOUSTON, April 14, 1997

SWIFT ENERGY ANNOUNCES FOUR RECENT EXPLORATORY SUCCESSES
HOUSTON, March 19, 1997

SWIFT ENERGY ANNOUNCES STOCK REPURCHASE PROGRAM BASED ON CONTINUED SUCCESS OF DRILLING ACTIVITY
HOUSTON, March 3, 1997

SWIFT ENERGY REPORTS A SURGE IN FOURTH QUARTER EARNINGS, CASH FLOW AND PRODUCTION CONTRIBUTING TO RECORD FULL YEAR 1996 RESULTS
HOUSTON, February 10, 1997

SWIFT ENERGY REPORTS 47% INCREASE IN PROVED RESERVES AND 74% INCREASE IN PRODUCTION FOR 1996
HOUSTON, February 5, 1997

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