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Stock Market & Financial Investment News

News Breaks
February 27, 2013
13:47 EDTSFYSwift Energy activates incdient response team
Swift Energy announced a well control incident in its Lake Washington field in Plaquemines Parish, Louisiana when a marine vessel collided with a Swift Energy operated shut-in well head in the shallow waters of the Lake Washington field. This collision damaged the integrity of the wellhead and resulted in an outflow of water, oil and natural gas. Swift Energy's Incident Command Team was activated and responded to the situation during the night. No injuries have been reported in connection with the incident. State, federal and local authorities have been notified and Swift Energy is working closely in coordination with these agencies in response to this incident. An aerial fly-over of the field was conducted this morning to determine the extent of the impact to the surrounding area. A definitive plan and timeline to bring this well under control is currently being developed.
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