SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported)
April 9, 2002
Swift Energy Company
(Exact Name of Registrant)
Texas
(State of Incorporation)
01-8754 74-2073055
(Commission File No.) (IRS Employer Identification No.)
16825 Northchase Drive, Suite 400, Houston Texas 77060
(Address of Principal Executive Offices) (Zip Code)
(281) 874-2700
(Registrant's Telephone Number)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Items 1 through 4, Item 6 and Item 8 are not included because they are not
applicable.
Item 5. OTHER EVENTS
On April 9, 2002, Swift Energy Company entered into an Underwriting
Agreement with Credit Suisse First Boston ("CSFB") pursuant to which Swift
proposed to issue and sell to CSFB 1.5 million shares of its common stock at
$17.75 per share and also proposed to issue and sell to CSFB, at the option of
CSFB, an aggregate of not more than 225,000 additional shares at $17.75 per
share. Swift expects that the net proceeds from this sale of common stock will
be approximately $26.5 million, or $30.5 million if CSFB exercises its option in
full. The company intends to use these net proceeds to repay a portion of the
outstanding indebtedness under its credit facility.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements - Not Applicable
(b) Pro Forma Financial Information - Not Applicable
(c) Exhibits
EXHIBIT NO. EXHIBIT
1.1 Underwriting Agreement dated April 9, 2002
5.1 Opinion of Jenkens & Gilchrist, a Professional
Corporation, as to the legality of the common
stock being offered
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 9, 2002
SWIFT ENERGY COMPANY
By: /s/ ALTON D. HECKAMAN, JR.
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Alton D. Heckaman, Jr.
Senior Vice President - Finance,
Chief Financial Officer