UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (or Date of Earliest Event Reported): December 21, 2006
SWIFT ENERGY COMPANY
(Exact name of Registrant as specified in its charter)
TEXAS 1-8754 20-3940661
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
16825 Northchase Drive, Suite 400
Houston, Texas 77060
(Address of principal executive offices)
(281) 874-2700
(Registrant's telephone number)
Not Applicable
(Former Name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):
__ Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
__ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
__ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
__ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry Into a Material Definitive Agreement
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On December 21, 2006, Swift Energy Company (the "Company") entered into an
Amendment No. 2 to Rights Agreement ("Amendment No. 2"), to its Rights
Agreement, dated as of August 1, 1997, as amended and restated as of March 31,
1999, and as amended on December 12, 2005 (the "Rights Agreement"), with
American Stock Transfer & Trust Company as Rights Agent (the "Rights Agent") to
extend the expiration date of the Company's Rights Agreement and to amend the
purchase price upon exercise of each right. The Rights Agreement originally had
an expiration date of July 31, 2007, but with the amendment has been extended to
December 20, 2016. The amendment also increases the purchase price from $150 to
$250 for each one one-thousandth of a share of preferred stock purchasable upon
exercise of each right.
The full text of Amendment No. 2 is filed as Exhibit 4.1 to this Current Report
on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
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(d) Exhibit. The following is furnished as an exhibit to this report:
Exhibit No. Exhibit Description
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*4.1 Amendment No. 2 to Rights Agreement dated as of December
21, 2006 between Swift Energy Company and American Stock
Transfer & Trust Company.
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*Filed herewith
SIGNATURE
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.
Date: December 21, 2006
Swift Energy Company
By:/s/ Bruce H. Vincent
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Bruce H. Vincent
President
EXHIBIT INDEX
Exhibit No. Exhibit Description
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4.1 Amendment No. 2 to Rights Agreement dated as of December 21,
2006 between Swift Energy Company and American Stock Transfer &
Trust Company.