This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Swift Energy's Management Presents At 2012 Barclays CEO Energy/Power Conference (Transcript)

Swift Energy Company (SFY)

2012 Barclays CEO Energy/Power Conference Call

September 5, 2012 3:45 pm ET

Executives

Bruce H. Vincent – President

Presentation

Unidentified Analyst



Good afternoon everybody. It’s my pleasure to introduce Bruce Vincent, President of the Swift Energy Company. Without ado, here is Bruce Vincent.

Bruce H. Vincent

Thanks and good afternoon everyone. It’s great to have an opportunity to talk about our company. Appreciate all listening. Before I start, let me remind everyone that some of my comments will include forward-looking statements based on our current assumptions are need to be taken in that line. What I’m going to do is talk to you first kind of give you a strategic overview of the company, focus most of my time really on our core operations and then kind of wrap it up with a quick financial review.

First off, when we talk about our company, it’s important that to see us as a company that’s very balanced, diversified, yet a very focused asset base. Three core areas in South Texas, South Louisiana and Central Louisiana, and we developed a diversified portfolio of lot of low risk project, particularly with regard to the resource plays of the Eagle Ford shale in South Texas and the Olmos low-permeability sandstone. While at the same point in time we have some significant exploration upside.

When it comes to our corporate strategy, we’ve been around for about 33 years and operated with the same strategy for a long time. We’ve always employed to use both drilling activity and acquisition activity to find the lowest cost reserve. We’ve always done that by leading with technology and want to be the best with that in our particular area. And while everyone can say they use horizontal drilling or 3D seismic or hydraulic fracturing, understanding how to use it better and being on the leading edge of those is particularly important, whether its on 3D where we are actually taking multiple data suites together and merging that data together and reprocess it in ways where we are seeing things people haven’t seen before or whether horizontal drilling and hydraulic fracturing we’ve been doing it for 20 plus years very much on the leading edge of doing that.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs