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SWIFT ENERGY COMPANY FIRST-QUARTER AND FULL-YEAR 2001 GUIDANCE ESTIMATES

- In Thousands Except Per Production Unit Amounts -

 


Description

Guidance For
First Quarter 2001

 

Guidance For
Full Year 2001

       

Production Volumes (Mcfe)

 

    Domestic

10,300-10,700

  46,000-50,000
    New Zealand

---

2,000-4,000
    Total

10,300-10,700

48,000-54,000

    % Gas

63%-65%

 

60%-65%

Oil and Gas Production Costs/Mcfe  

$ 0.80 - $ 0.84

 

$ 0.75 - $ 0.85

G&A/Mcfe

$ 0.14 - $ 0.15

 

$ 0.13 - $ 0.15

Interest Expense/Mcfe

$ 0.19 - $ 0.20

 

$ 0.16 - $ 0.20

DD&A/Mcfe

$ 1.20 - $ 1.25

 

$ 1.15 - $ 1.25

Pricing:

     

    Henry Hub differential (per Mcf)

+$0.10

 

+$0.10

    WTI differential (per Bbl)

-$2.00

 

-$2.25

       

Capital Expenditures

$40,000-$45,000  

$170,000-$175,000

Capitalized G&A

$2,250-$2,750   $9,000-$11,000

Capitalized Interest

$1,450-$1,500   $5,800-$6,000

Basic Weighted Average Shares

24,500- 24,750

 

24,500- 25,000

Diluted Computation:

     

    Weighted Average Shares

25,500- 25,750

 

25,500- 26,000

Effective Tax Rate

36%

 

36%

Deferred Tax Percentage

98%

 

98%

 



Quarterly Production Guidance for 2001 (in Bcfe):

 

First Quarter 10.3   -- 10.7
Second Quarter 11.9   -- 13.0
Third Quarter    12.8   -- 15.0
Fourth Quarter   13.0   -- 15.3
--------------- 
48.0  --  54.0

 


 
Additional Information:

 


This page was last updated on Saturday, February 08, 2003, at 07:21:41 PM.

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