SWIFT ENERGY COMPANY NEWS


SWIFT ENERGY ANNOUNCES ANALYST/INVESTOR MEETINGS AND FULL YEAR 2002 FINANCIAL RESULTS CONFERENCE CALL


HOUSTON, January 14, 2003 - Swift Energy Company (NYSE, PCX: SFY) announced today that the Company will be hosting a series of meetings with analysts and investors on Tuesday, January 21 in Houston, Texas, Wednesday, January 22 in New York City and Thursday, January 23 in Boston. This annual briefing by Company management is for the benefit of financial analysts, portfolio managers and investors. The meetings will include an update on certain 2002 results as well as cover the operational and financial plans and, guidance for certain first quarter 2003 and full year 2003 financial estimates, which will also be covered by a release on the morning of January 21.

The meeting in Houston begins at 8:00 a.m. on Tuesday, January 21, and is being held at the Wyndham Hotel Conference Center in the Greenspoint area. The meeting in New York City begins at 8:00 a.m. on Wednesday, January 22 at the Intercontinental Hotel on 48th Street. The meeting in Boston will begin at 10:00 a.m. on Thursday, January 23 at the Le Meridien Hotel on Franklin Street. A copy of the presentation that will be given at these meetings will be posted to the Company’s website www.swiftenergy.com on the evening of January 21. Anyone interested in attending any of these meetings should contact the Company’s Investor Relation Department at 1-800-777-2412.

The Company will report 2002 fourth quarter and full year financial results on Wednesday, February 12 and conduct a conference call, with live webcast, on that date at 9:00 a.m. Central Time. To participate in this conference call, dial 973-872-3462 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. This call will be available for digital replay until February 19, by dialing 973-341-3080 and using pin #3597778. Additionally, the conference call will be available over the Internet by accessing the Company’s website at www.swiftenergy.com and clicking on the event hyperlink. This webcast will be available online at the Company’s website through February 26, 2003.

Swift Energy Company engages in developing, exploring, acquiring, and operating oil and gas properties, with a focus on onshore and inland water oil and natural gas reserves in Texas and Louisiana and onshore oil and natural gas reserves in New Zealand. Founded in 1979 with headquarters in Houston, Texas, the Company has consistently grown its proved oil and gas reserves, production, and cash flow through a disciplined program of acquisitions and drilling, while maintaining a strong financial position.

This material includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The opinions, forecasts, projections, or other statements other than statements of historical fact, are forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Certain risks and uncertainties inherent in the Company’s business are set forth in the filings of the Company with the Securities and Exchange Commission.

16825 Northchase Drive, Suite 400, Houston, Texas 77060
http://www.swiftenergy.com

 

 
 

This page was last updated on Monday, January 10, 2005, at 08:27:52 AM.

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