HOUSTON, January 4, 2006 – Swift Energy Company (NYSE: SFY) announced today that it will be hosting a meeting with financial analysts, portfolio managers and investors on Thursday, February 23, 2006, in Houston, Texas. At this meeting, Swift Energy’s management will provide an annual briefing that will include an update on certain 2005 results as well as covering operational and financial plans and guidance for first quarter and full year 2006. An audio (listen-only) webcast accompanied with the slides of the presentation will be available on the Company’s website www.swiftenergy.com by clicking on the event hyperlink commencing on February 23, 2006.

The meeting begins at 8:00 a.m. CST on Thursday, February 23, and is being held at the Marriott Woodlands Waterway Hotel and Convention Center on Lake Robbins Drive in The Woodlands, Texas. Anyone interested in attending this meeting should contact Swift Energy’s Investor Relation Department at 1-800-777-2412.

Swift Energy Company, founded in 1979 and headquartered in Houston, engages in developing, exploring, acquiring and operating oil and gas properties, with a focus on onshore and inland waters oil and natural gas reserves in Louisiana and Texas and oil and natural gas reserves in New Zealand. Over the Company’s 26-year history, Swift Energy has consistently shown long-term growth in its proved oil and gas reserves, production and cash flow through a disciplined program of acquisitions and drilling, while maintaining a strong financial position.