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Swift Energy seeks a sale of its central Louisiana assets, shares +5.6%

Oct. 01, 2013 2:10 PM ETSilverBow Resources, Inc. (SBOW) StockSBOWBy: Carl Surran, SA News Editor
  • Swift Energy (SFY +5.6%) hires an advisor for the potential sale of its central Louisiana assets, which includes ~86K mineral acres and three producing oil and natural gas fields.
  • Proved reserves estimates at year-end 2012 totaled 20.4M boe, of which 65% were classified as oil or natural gas liquids; estimated resource potential of these fields is ~180M boe.

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