HOUSTON, April 16, 2004 – Swift Energy Company’s (NYSE, PCX: SFY) Executive Vice President Bruce H. Vincent will speak April 20, 2004 at 10:05 a.m. EDT to the investment community via Live Audio Webcast at the Independent Petroleum Association of America’s Oil & Gas Investment Symposium.

Interested investors can access a live audio webcast of the presentation and accompanying slide materials located at our website http://www.swiftenergy.com. To listen to the live presentation on the web, viewers are encouraged to visit the conference website at least fifteen minutes prior to the beginning of the scheduled presentation to register. A replay of the presentation will be available within 24 hours of the live presentation and will be archived at this site for up to 90 days.

Celebrating its 25th Anniversary this year, Swift Energy Company was founded in 1979 with its headquarters in Houston, Texas. Swift Energy 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 Texas and Louisiana and onshore oil and natural gas reserves in New Zealand. The Company 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.

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.