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Swift Energy Emerges Bankruptcy Armed With $320 Million

Swift Energy Company announced it has completed its financial restructuring and emerged from Chapter 11. The company's bank also provided new $320 million senior secured credit facility and it completed the sale of certain assets in Central Louisiana to TEXEGY LLC.

Chief Executive Officer Terry Swift stated, “We are pleased to announce the successful completion of our financial restructuring in a relatively prompt timeframe. Through this restructuring, we have developed a more disciplined, efficient organization and greatly improved our balance sheet.

“Our noteholders’ continued support and willingness to invest in our company were critical to our emergence as was the agreement by our reserve-based lenders to provide the financing we needed to exit Chapter 11 and operate our business into the future.

“I’d like to specifically extend my sincerest gratitude to our employees who exhibited an unwavering commitment and dedication throughout this process. I’d also like to extend my appreciation to our former board of directors and advisors who worked tirelessly to ensure a quick and successful restructuring.”

Click here to learn more about Swift Energy Assets.


Swift Energy Eagle Ford Maps

Swift Energy Key Wells

Announced Date
April 26,2016
Value  ( $MM )
320
Type
Debt
Use of Fund
General Purpose
Company
Swift Energy Co.
Regions
Gulf Coast
Country
United States
Play
Eagle Ford Shale

Contacts
Swift Energy Co.
Alton Heckaman
 Executive VP & CFO
 Houston ,Texas ,77060-6098
 281-874-2700

April Nelson
 Houston ,Texas ,77060-6098
 281-423-0356

Art Rodriguez
 Production Engineer
 Houston ,Texas ,77060-6098
 281-874-2575

Becky Barreda
 Reservoir Engineer
 Houston ,Texas ,77060-6098
 281-874-2437

Beverly Branham
 Houston ,Texas ,77060-6098

Bill Herd
 Director - Corp Planning & Evaluation
 Houston ,Texas ,77060-6098
 281-874-2780

Bill Hudson
 Production Manager
 Houston ,Texas ,77060-6098
 281-423-0460

Bruce H Vincent
 President
 Houston ,Texas ,77060-6098
 281-874-2759

Chandler Janca
 Drilling Engineer
 Houston ,Texas ,77060-6098

David Belkin
 Manager,Computing Infrastructure
 Houston ,Texas ,77060-6098
 281-874-2859

Forrest Estep
 Drilling Manager
 Houston ,Texas ,77060-6098
 281-423-0408

Gary Reed
 Director, Facilities/Construction
 Houston ,Texas ,77060-6098
 281-874-2700

Gary Lader
 Manger, Reserves, Geology
 Houston ,Texas ,77060-6098
 281-874-2776

Henal M Patel
 Houston ,Texas ,77060-6098

Homer Adams
 VP of Drilling
 Houston ,Texas ,77060-6098
 281-423-0410

James St Onge
 Manager, Exploration & Development
 Houston ,Texas ,77060-6098
 281-423-0312

James P Mitchell
 Senior Vice President
 Houston ,Texas ,77060-6098
 281-874-2797

Joe Patterson
 Reservoir Engineering Manager
 Houston ,Texas ,77060-6098
 281-874-2824

John Branca
 VP of Exploration & Development
 Houston ,Texas ,77060-6098
 281-874-2473

John Caprara
 Chief Geoscientist Resource Plays
 Carsbad ,California ,92011
 281-423-0384

Justin R Matthews
 Landman
 Houston ,Texas ,77060-6098
 281-423-0414

Kathy Orrell
 Executive Assistant to the President
 Houston ,Texas ,77060-6098
 281-874-2779

Keith Seanard
 Manager, Reservoir Engineer (S Texas)
 Houston ,Texas ,77060-6098
 281-423-0412

Kyle Jensen
 Houston ,Texas ,77060-6098
 281-423-0803

Randy Bailey
 Vice President, Production
 Houston ,Texas ,77060-6098
 281-874-2700

Richard Kimberlin
 Director of Land
 Houston ,Texas ,77060-6098
 281-874-2700

RIck Sumrall
 Land Supervisor
 Houston ,Texas ,77060-6098
 281-874-2579

Robert J Banks
 EVP & COO
 Houston ,Texas ,77060-6098
 281-874-2700

Scott Scholz
 Director of Geoscience Technology
 Dripping Springs ,Texas ,78620
 512-858-7425

Steve Lauver
 Reservoir Engineering Manager SE, LA
 Houston ,Texas ,77060-6098
 281-423-0425

Steve Creger
 Houston ,Texas ,77060-6098

Terry White
 Director of Reserves & Evaluations
 Houston ,Texas ,77060-6098
 281-874-2700

Tiffany Whitehair
 Houston ,Texas ,77060-6098
 281-874-2881


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