HOUSTON, January 15, 2010 – Swift Energy Company (NYSE: SFY) will report fourth quarter and year-end 2009 financial and operational results on Thursday, February 18, 2010 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 also be available later on February 18 until February 24, by dialing 706-645-9291 and using Conference ID # 49633008. Additionally, the conference call replay 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 will host its annual update meeting with financial analysts, portfolio managers and investors on February 25, 2010 in Houston. At this meeting, Swift Energy’s management will provide a briefing on operational and financial results for 2009 as well as plans and guidance for first quarter and full year 2010. An audio 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 25, 2010.

The analyst/investor meeting begins at 8:00 a.m. CST on Thursday, February 25, and is being held at the Hilton Houston North on Greenspoint Drive in Houston, Texas. Anyone interested in attending this meeting should contact the Company’s Investor Relations 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 onshore in Louisiana and Texas and in the inland waters of Louisiana.