What kind of company is Swift Energy Company?

What kind of company is Swift Energy Company?

Swift Energy Company is a Houston-based independent oil and natural gas company with a dual geographical focus: the onshore and inland water areas of the Texas and Louisiana Gulf Coast, and onshore properties in New Zealand. The publicly traded company owns interests in nearly 1,000 wells, evenly balanced between oil and gas.

When did Swift Energy go public in New Zealand?

1979: Swift Energy Company incorporates. 1981: Company goes public. 1991: Company returns to a focus on drilling. 1995: Company enters New Zealand market. 1998: Terry Swift succeeds his father as president. 2002: Further New Zealand assets are acquired.

What was the growth rate of Swift Energy?

While others in the industry struggled, and many failed, Swift Energy from 1983 to 1988 enjoyed a 47 percent annual rate of growth. It was also at the close of this period that Earl Swift’s son, Terry, joined the business after earning a degree in chemical engineering and an M.B.A.

Where are Swift Energy’s Oil and gas wells located?

The publicly traded company owns interests in nearly 1,000 wells, evenly balanced between oil and gas. Of Swift’s proven reserves, 40 percent is located in Louisiana, 37 percent in Texas, and 21 percent in New Zealand.

1979: Swift Energy Company incorporates. 1981: Company goes public. 1991: Company returns to a focus on drilling. 1995: Company enters New Zealand market. 1998: Terry Swift succeeds his father as president. 2002: Further New Zealand assets are acquired.

Who are the owners of Swift Energy Company?

Of Swift’s proven reserves, 40 percent is located in Louisiana, 37 percent in Texas, and 21 percent in New Zealand. A. Earl Swift is chairman of the company, and his son, Terry E. Swift, serves as president and CEO. Earl Swift grew up in Oklahoma, part of a family well versed in the oil business.

While others in the industry struggled, and many failed, Swift Energy from 1983 to 1988 enjoyed a 47 percent annual rate of growth. It was also at the close of this period that Earl Swift’s son, Terry, joined the business after earning a degree in chemical engineering and an M.B.A.

The publicly traded company owns interests in nearly 1,000 wells, evenly balanced between oil and gas. Of Swift’s proven reserves, 40 percent is located in Louisiana, 37 percent in Texas, and 21 percent in New Zealand.