“Our emphasis on higher value opportunities within our portfolio is also evident in our most recent reserves report. Crude oil and natural gas liquids proved reserves volumes increased 63% in 2012 over 2011 levels.“Our plans for 2013 include pursuing further growth of crude oil and natural gas liquids production and reserves both within our existing portfolio and through our strategic growth initiatives. Our primary activity this year will be focused on our high value liquids rich acreage in South Texas. Based on results from downspacing tests we’ve conducted in LaSalle County and northern McMullen County, we believe we can meaningfully increase the number of drilling opportunities in these areas.
Swift Energy Announces: 15% Increase In Fourth Quarter 2012 Production To 3.11 Million Barrels Of Oil Equivalent
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