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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (183748)	5/6/2014 9:41:17 AM
From: CusterInvestor	Read Replies (1) \| Respond to of 206178

Lots of news from SFY today: Swift Energy Company Contracts for Additional Firm Transportation, More Than Doubling Current Capacity for Its Fasken Area Production May 06, 2014 09:21:00 (ET) HOUSTON--(BUSINESS WIRE)--May 06, 2014-- Swift Energy Company (NYSE: SFY) announced today that it has expanded a long term agreement for natural gas gathering services in Webb County, TX with Howard Energy Partners and its affiliates. Under the terms of this expanded agreement, Swift Energy will have up to 160 million cubic feet of gas per day of firm capacity for its Fasken area natural gas production. The Company currently expects this capacity to be available early in 2015. Terry Swift, CEO of Swift Energy, commented, "With this essential milestone behind us, we can continue to develop our Fasken area in Webb County in a fashion that will deliver meaningful growth in 2015. As the productivity of our asset base improves in conjunction with a strengthening natural gas pricing environment, it is critical to our plans to expand transportation for increased production resulting from our development program. We will continue to work with our midstream partners to ensure that adequate capacity is available to meet our needs in the future as we grow." 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 Louisian