The Fasken BD 14H, 15H and 16H were all recently completed with an average initial production rate of 22.1 million cubic feet of gas per day (MMcf/d).

The company has also completed three new Eagle Ford wells in the northern part of its McMullen County, acreage position during the first quarter.

The PCQ 14H, 15H and 16H achieved an average initial production rate of 1,212 barrels of oil equivalent during their test periods.

Terry Swift, CEO of Swift Energy, commented, "We are very pleased with our continuing operational improvements in these two key areas of our Eagle Ford acreage. The repeatable results in these areas provide a more predictable production growth profile, which is essential to our near term objectives of reducing financial leverage and increasing our liquidity profile."

Swift Energy, founded in 1979 and headquartered in Houston, engages in developing, exploring, acquiring and operating oil and gas properties, with a focus on oil and natural gas reserves onshore in Texas and Louisiana and in the inland waters of Louisiana.

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