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Swift Improves Eagle Ford Fasken Completion Design in 1Q
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Swift Energy Company reported its first quarter 2015 financial and operating results.
Key First Quarter Highlights: Eagle Ford production increased 19% YOY Successful borrowing base redetermination Cost reduction initiatives on track Lease operating expenses decreased 16% from prior quarter New technical limits achieved at FaskenTerry Swift, President and CEO of Swift Energy, commented: "We delivered strong operational results for the quarter as we exceeded our first quarter production guidance while setting several new technical records at our Fasken field. Our improved drilling results are a testament to the high quality of our assets and our dedicated team of oil and gas professionals. We continue to look for ways to drive greater efficiencies in our operations and lower our costs…
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