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Article: SWIFT ENERGY TO PURCHASE INTERESTS OF OIL AND GAS PROPERTIES IN 6 STATES
- Article from:
- THE JOURNAL RECORD
- Article date:
- April 25, 1989
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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HOUSTON - An agreement for Swift Energy Co. of Houston to
purchase interests in oil and gas properties in six states,
including Oklahoma, for about $52.1 million, has been announced.
"Our continued aggressiveness in the acquisition of producing
oil and gas reserves demonstrates the company's and its partners'
confidence in the future of the domestic oil and gas industry," said
A. Earl Swift, chairman and president of Swift Energy.
Swift Energy said it has evaluated and acquired the properties
included in the three transactions on behalf of its current and
future income and pension limited partnerships as well as, in one
purchase, on behalf of a significant industrial partner. Of ...