Swift Energy Announces SEC Filing of $500 Million Universal Shelf Registration

HOUSTON--(Business Wire)--
Swift Energy Company (NYSE: SFY) today filed a universal shelf registration
statement with the Securities and Exchange Commission ("SEC") to allow Swift
Energy to offer up to $500 million of Swift Energy equity or debt securities or
any combination thereof in the future. Upon effectiveness of the registration
statement, Swift Energy may offer one or more of these securities from time to
time in amounts, at prices, and on terms to be announced along with the use of
proceeds from the sale of any securities offered, in a prospectus supplement to
be filed with the SEC at the time of any such offering.

The registration statement relating to these securities has not yet been
declared effective by the Securities and Exchange Commission. These securities
may not be sold, nor may offers to buy be accepted, prior to the time the
registration statement becomes effective and a prospectus supplement setting
forth the specific terms of the applicable offering is available. This press
release shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities law of any such state.

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 oil and natural gas reserves in the onshore and inland waters of
Louisiana and Texas. Over the Company`s 29-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.

Swift Energy Company, Houston
Paul Vincent, 281-874-2700, 800-777-2412
Manager of Investor Relations

Copyright Business Wire 2009