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SWIFT ENERGY COMPANY NEWSSWIFT ENERGY ANNOUNCES NEW EXECUTIVE APPOINTMENTHOUSTON, February 18, 2003 - Swift Energy Company (NYSE, PCX: SFY) announced today that James P. Mitchell has been promoted to Senior Vice President, Commercial Transactions and Land of Swift Energy Company. Mr. Mitchell has been with Swift Energy since 1987 and has served in various positions in Swift’s Land Department, most recently as vice president—land and property transactions since 1996. He also recently completed a two year assignment to Swift Energy New Zealand, during which time he was owner's representative for the construction of the Rimu Production Facility and actively involved in the acquisition of the Southern Petroleum New Zealand Exploration Limited subsidiary and TAWN assets from Shell. In his present position, he manages the business and administrative activities of the Land Department with a staff of petroleum landmen and other land professionals. He has also served as a landman to several other independent companies over the previous ten years. Mr. Mitchell graduated from Pennsylvania State University in 1976 with a bachelor’s degree in history and business law. He has completed graduate management programs at Columbia University Graduate School of Business, Jesse H. Jones Graduate School of Administration at Rice University, Edwin L. Cox School of Business at Southern Methodist University and the Harvard Program for negotiators. A certified professional landman, he is a member of the American Association of Professional Landmen and the Association of International Petroleum Negotiators. Terry Swift commented, “Jim has shown his talents in many of Swift’s corporate transactions, and we are extremely pleased to have him join our senior officers rank. Jim brings over 25 years of experience in land and oil and natural gas transactions which will continue to benefit us into the future.” 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
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This page was last updated on Monday, January 10, 2005, at 08:28:15 AM. Copyright © 1994-2008 by Swift Energy Company. |
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