Article: SWIFT ENERGY TO PURCHASE INTERESTS OF OIL AND GAS PROPERTIES IN 6 STATES

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 ...

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