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Swift Energy Provides 4Q 2012 Eagle Ford Update

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Swift Energy Company announced today provided an operational update to it's drilling operations in the Eagle Ford Shale, Southeast Louisian and Central Louisiana/East Texas.

Eagle Ford Shale

In the Company’s South Texas core area, 17 operated wells were completed during the fourth quarter. In McMullen County, 11 operated Eagle Ford wells were completed. In LaSalle County, 6 operated Eagle Ford wells were completed.

The four NBRP wells which were drilled and completed in northern McMullen County during the fourth quarter tested our 50 acre down spacing assumptions in this area. Each of these wells have been completed and tested with initial production rates above 1,000 Boe, producing approximately 70% crude oil and natural gas liquids.

Southeast Louisiana

In the Lake Washington field in…

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