HOUSTON, October 1, 2007 – Swift Energy Company (NYSE: SFY) will release its third quarter 2007 financial and operational results on Thursday, November 1, 2007, before the market opens and conduct a conference call to discuss these results the same day at 9:00 a.m. CDT. To participate in this conference call, dial 973-339-3086 five to ten minutes before the scheduled start time and indicate your intention to participate in the Swift Energy conference call. A delayed digital replay of the call will be available on November 1 through November 8, by dialing 973-341-3080 and using pin #9246093. Additionally, a webcast of the conference call will be available over the internet by accessing the Company’s website at www.swiftenergy.com and by clicking on the event hyperlink. This webcast will be available online and archived at the Company’s website for approximately two weeks after the call.

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, as well as oil and natural gas reserves in New Zealand. Over the Company’s 27-year history, Swift Energy has 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.