Exhibit 99



                        SWIFT ENERGY NAMES TERRY E. SWIFT
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                       CHAIRMAN OF THE BOARD OF DIRECTORS
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                       AND RAYMOND E. GALVIN VICE-CHAIRMAN
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HOUSTON,  June 2, 2006 -- Swift Energy  Company  (NYSE:  SFY) announced that its
Board of  Directors  has named Terry E. Swift to serve as Chairman of the Board.
The Board of Directors also named current Board member Raymond E. Galvin as Vice
Chairman of the Board.  Swift  Energy's  Board of Directors now consists of nine
members, with seven independent directors.

Terry E. Swift  continues  to serve as Chief  Executive  Officer of Swift Energy
Company,  a position he has held since May 8, 2001. He has also been a member of
the Company's  Board of Directors  since May 2000.  Terry Swift  represents  the
fourth generation of the Swift family in the oil and gas industry.

Mr. Swift graduated from the University of Houston with a Bachelor of Science in
Chemical Engineering.  He also earned a Master of Business  Administration under
the President/Key Executive Program of Pepperdine University.

Mr. Galvin has served as a director of Swift Energy since 2003.  From 1992 until
he retired in February  1997,  he was the  President  of Chevron USA  Production
Company.  He also served as a director of Chevron  Corporation from 1995 to 1997
and as a Vice President of Chevron  Corporation  from 1988 to 1997. He holds the
degree of Bachelor of Science in Petroleum Engineering.

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 onshore and inland  waters oil and natural gas  reserves in  Louisiana,
Texas and most recently  Alaska,  as well as oil and natural gas reserves in New
Zealand.  Over the Company's  26-year history,  Swift Energy has shown long-term
growth in its proved oil and gas  reserves,  production  and cash flow through a
disciplined  program of acquisitions  and drilling,  while  maintaining a strong
financial position.


Company Contact
- ---------------
Scott A. Espenshade
Director of Corporate Development
   and Investor Relations
(281) 874-2700, (800) 777-2412


              16825 Northchase Drive, Suite 400, Houston, TX 77060
                              www.swiftenergy.com