SilverBow Resources (SBOW) Form 3 SWIFT ENERGY / Victor Khosla ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Strategic Value Partners, LLC

(Last) (First) (Middle)

C/O STRATEGIC VALUE PARTNERS, LLC

100 WEST PUTNAM AVENUE

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/22/2016

3. Issuer Name and Ticker or Trading Symbol
SWIFT ENERGY CO [ SFYWQ ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,655,319(1)(2)	I	I See footnotes(1)(2)(3)(4)(5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Strategic Value Partners, LLC

(Last) (First) (Middle)

C/O STRATEGIC VALUE PARTNERS, LLC

100 WEST PUTNAM AVENUE

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SVP Special Situations III LLC

(Last) (First) (Middle)

C/O STRATEGIC VALUE PARTNERS, LLC

100 WEST PUTNAM AVENUE

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

SVP Special Situations III-A LLC

(Last) (First) (Middle)

C/O STRATEGIC VALUE PARTNERS, LLC

100 WEST PUTNAM AVENUE

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Khosla Victor

(Last) (First) (Middle)

C/O STRATEGIC VALUE PARTNERS, LLC

100 WEST PUTNAM AVENUE

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

Explanation of Responses:

1. The reported securities are held directly by SVMF 71 LLC, and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations III-A LLC ("Special Situations III-A"), each as investment manager, and Victor Khosla ("Mr. Khosla" and together with Strategic Value Partners, Special Situations III and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.

2. The filing of this Form 3 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any of the shares of common stock, of Swift Energy Company (the "Issuer"). Pursuant to Rule 16a-1, the Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.

3. Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd., a Cayman Islands exempted company ("Master Fund"). Master Fund has an ownership interest in SVMF 70 LLC, which has an ownership interest in SVMF 71 LLC. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.

4. Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership ("Special Situations Master Fund III"). Special Situations Master Fund III has an ownership interest in SVMF 70 LLC, which has an ownership interest in SVMF 71 LLC. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.

5. Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Offshore Fund III-A, L.P., a Cayman Islands exempted limited partnership ("Special Situations Offshore Fund III-A"). Special Situations Offshore Fund III-A has an ownership interest in SVMF 71 LLC. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.

	STRATEGIC VALUE PARTNERS, LLC By: /s/ James Dougherty Name: James Dougherty Title: Fund Chief Financial Officer	05/02/2016
	SVP SPECIAL SITUATIONS III LLC By: /s/ James Dougherty Name: James Dougherty Title: Fund Chief Financial Officer	05/02/2016
	SVP SPECIAL SITUATIONS III-A LLC By: /s/ James Dougherty Name: James Dougherty Title: Fund Chief Financial Officer	05/02/2016
	By: /s/ Victor Khosla Name: Victor Khosla	05/02/2016
	** Signature of Reporting Person	Date
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