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Swift Energy Planning JV in Eagle Ford, Sale of Austin Chalk

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Swift Energy Planning JV in Eagle Ford, Sale of Austin Chalk
Operations Update: South Texas/ Eagle Ford Shale Operations

In the Company’s South Texas core area, 8 operated wells were completed during the first quarter. In McMullen County, 5 Eagle Ford wells were completed and in Webb County, 3 Eagle Ford wells were completed. The Company is currently conducting completion operations on 2 Eagle Ford wells in its PCQ area in northern McMullen County and 3 Eagle Ford wells in its Fasken area in Webb County. In the first quarter of 2014, Swift Energy drilled 11 operated development wells, all in the Company’s South Texas core Eagle Ford area. In McMullen County, 6 wells were drilled and 5 were drilled in Webb County. There are currently three operated rigs drilling in the Company’s South Texas core area.

Southeast Louisiana

In the Lake Washington field…

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