HOUSTON, January 22, 2008 – Swift Energy Company (NYSE: SFY) will report fourth quarter and year-end 2007 financial and operational results on Thursday, February 14, 2008 by issuing a news release before the market opens and conducting a conference call on that date at 9:00 a.m. CST. 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 digital replay of the call will be available later on February 14 until February 21, by dialing 706-645-9291 and using Conference ID # 28536832. Additionally, 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 30 days.

Swift Energy will host its annual meeting with financial analysts, portfolio managers and investors on February 20, 2008 in the Houston area. At this meeting, Swift Energy’s management will provide a briefing on operational and financial results for 2007 as well as plans and guidance for first quarter and full year 2008. An audio webcast accompanied with the slides of the analyst presentation will be available on the Company’s website www.swiftenergy.com by clicking on the event hyperlink commencing on February 20, 2008

The analyst/investor meeting begins at 8:00 a.m. CST on Wednesday, February 20, 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 the Company’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 oil and natural gas reserves in the onshore and inland waters of Louisiana and Texas. Over the Company’s 28-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.