SWIFT ENERGY COMPANY 1998 NEWS RELEASES

SWIFT ENERGY REPORTS THIRD QUARTER PRODUCTION REACHES RECORD LEVEL
HOUSTON, November 4, 1998

SWIFT ENERGY ANNOUNCES DEFERRAL OF PROPOSED PURCHASE OF PROPERTIES FROM LIMITED PARTNERSHIPS
HOUSTON, October 14, 1998

SWIFT ENERGY REPORTS PRODUCTION INCREASES ON RECENT MAJOR ACQUISITION
HOUSTON, September 28, 1998

SWIFT ENERGY COMPLETES NEW $250,000,000 CREDIT FACILITY
HOUSTON, August 24, 1998

SWIFT ENERGY REPORTS 20% PRODUCTION INCREASE RESULTING IN SECOND QUARTER CASH FLOW GROWTH
HOUSTON, July 31, 1998

SWIFT ENERGY STOCK REPURCHASE PROGRAM
HOUSTON, July 24, 1998

SWIFT ENERGY MAKES LARGE PRODUCING PROPERTY PURCHASE
HOUSTON, July 6, 1998

SWIFT ENERGY REPORTS SUCCESSFUL LOUISIANA EXPLORATION WELL
HOUSTON, June 8, 1998

SWIFT ENERGY REPORTS FIRST QUARTER RESULTS AND SIGNING OF SIGNIFICANT JOINT VENTURE
HOUSTON, May 12, 1998

SWIFT ENERGY FILES PROXY STATEMENTS TO PURCHASE OIL AND GAS PROPERTIES FROM LIMITED PARTNERSHIPS
HOUSTON, April 21, 1998

SWIFT ENERGY PROPOSES PURCHASE OF OIL AND GAS PROPERTIES FROM LIMITED PARTNERSHIPS
HOUSTON, April 2, 1998

SWIFT'S TEXAS AUSTIN CHALK DRILLING SUCCESS CONTINUES
HOUSTON, March 25, 1998

SWIFT ENERGY IS CONFIDENT OF PROFITABILITY OF DRILLING IN ITS CORE AREAS
HOUSTON, March 18, 1998

SWIFT ENERGY ANNOUNCES SUCCESSFUL TESTS OF JIM HOGG COUNTY CONFIRMATION WELL AND NEW AUSTIN CHALK COMPLETION
HOUSTON, March 5, 1998

SWIFT ENERGY REPORTS SUCCESSFUL CONFIRMATION WELL TO 1997 NEW FIELD DISCOVERY
HOUSTON, February 18, 1998

SWIFT ENERGY COMPANY REPORTS RECORD EARNINGS AND CASH FLOW FOR 1997
HOUSTON, February 10, 1998

SWIFT ENERGY COMPANY REPORTS 40% INCREASE IN 1997 YEAR-END RESERVES, REPLACING OVER 500% OF ITS 1997 PRODUCTION
HOUSTON, January 30, 1998

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