Swift Energy Donates $0.5 Million to Hurricane Disaster Relief

Swift Energy Company (NYSE:SFY) announced today that it will donate $0.5 million to the Gulf Coast Ike Relief Fund to provide assistance to those people and communities affected by the recent hurricane that hit the Gulf Coast region.

“While the extent of the damage caused by the recent hurricane may still not be entirely known, it is clear that millions of people have had their lives impacted adversely,” noted Terry Swift, Chairman of the Board and Chief Executive Officer of Swift Energy Company. “Swift Energy’s employees and operations were affected by Hurricane Ike, and we remain committed to helping the communities where we live and operate. We hope that this donation will provide some comfort and relief to those who need help the most.”

Swift Energy Company, founded in 1979 and headquartered in Houston, engages in developing, exploring, acquiring and operating oil and gas properties, with a focus on onshore and inland waters oil and natural gas reserves in Louisiana and Texas. Over the Company’s 28-year history, Swift Energy has shown long-term growth in its proved oil and gas reserves, production and cash flow through a disciplined program of acquisitions and drilling, while maintaining a strong financial position.

This material includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The opinions, forecasts, projections, or other statements other than statements of historical fact, are forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Certain risks and uncertainties inherent in the Company’s business are set forth in the filings of the Company with the Securities and Exchange Commission.