“Above all, Swift Energy’s success in drilling and completing wells in the Fasken field area has become a notable company achievement. We believe this is a scalable and highly valuable, transferrable, competitive technical advantage that we can use across full development of the Fasken area, and indeed across the entire Eagle Ford play where we are active, and perhaps even apply in many respects in other resource plays in Texas in general.”Mr. Firman Yaman, CEO of Saka Energi Indonesia, remarked: "Saka is excited to partner with Swift in scaling up Fasken shale gas development as an important component in our growth strategy. Our complementary competencies and shared vision bode well for the Fasken expansion and other joint efforts in the greater Eagle Ford area. This transaction represents a significant step forward for PGN and Saka." 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 onshore in Texas and in the inland waters of Louisiana. PT Saka Energi Indonesia (Saka) was formed on June 27, 2011, as the upstream oil and gas subsidiary of PT Perusahaan Gas Negara (Persero) Tbk (PGN), Indonesia’s largest natural gas transportation and distribution company, which is listed on the Indonesian Stock Exchange (IDX). About Forward Looking Statements This release 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, no assurances can be given 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 Swift Energy Company with the Securities and Exchange Commission.