Edgar Filing: SWIFT ENERGY CO

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

VINCENT BRUCE H

2. Issuer Name and Ticker or Trading Symbol
SWIFT ENERGY CO [SFY]

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

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

(Last)

(First)

(Middle)

16825 NORTHCHASE DRIVE, SUITE 400

3. Date of Earliest Transaction (Month/Day/Year)
11/08/2006

(Street)

HOUSTON, TX 77060

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

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Swift Energy Common Stock								66,232	D
SFY Common Stock-401(k)								9,592	I	401(k) Plan
SFY Cmmn Stock-ESOP Holding								900	I	ESOP Plan
Swift Energy Common Stock	11/08/2006	11/08/2006	M		6,000	A	$ 21.9375	71,885	D
Swift Energy Common Stock	11/08/2006	11/08/2006	M		600	A	$ 28.46	72,485	D
Swift Energy Common Stock	11/08/2006	11/08/2006	M		1,014	A	$ 31.4	73,499	D
Swift Energy Common Stock	11/08/2006	11/08/2006	M		3,969	A	$ 33.01	77,468	D
Swift Energy Common Stock	11/08/2006	11/08/2006	M		6,000	A	$ 13.84	83,468	D
Swift Energy Common Stock	11/08/2006	11/08/2006	F⁽⁶⁾		7,951	D	$ 49.61	75,517	D
Swift Energy Common Stock	11/08/2006	11/08/2006	S		100	D	$ 49.55	75,417	D
Swift Energy Common Stock	11/08/2006	11/08/2006	S		2,900	D	$ 49.5	72,517	D
Swift Energy Common Stock	11/09/2006	11/09/2006	S		5,200	D	$ 49.51	67,317	D
Swift Energy Common Stock	11/09/2006	11/09/2006	S		1,085	D	$ 49.55	66,232	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

SQ05 Pln Grt 11-08-2006 exp 8/1/2010

$ 49.61

11/08/2006

A⁽¹⁾

2,653

11/08/2007

08/01/2010

Swift Energy Common Stock

2,653

$ 49.61

2,653

SQ05 Grt 11/08/2006 exp 11/8/2008

$ 49.61

11/08/2006

A⁽²⁾

344

11/08/2007

11/08/2008

Swift Energy Common Stock

344

$ 49.61

344

SQ05 Grt 11/08/2006 exp 11/8/2008

$ 49.61

11/08/2006

A⁽³⁾

641

11/08/2007

11/08/2008

Swift Energy Common Stock

641

$ 49.61

985

SQ05 Grt 11/08/2006 exp 11/8/2008

$ 49.61

11/08/2006

A⁽⁴⁾

2,640

11/08/2007

11/08/2008

Swift Energy Common Stock

2,640

$ 49.61

3,625

SQ05 grt 11/08/2006 exp 11/4/2013

$ 49.61

11/08/2006

A⁽⁵⁾

1,673

11/08/2007

11/04/2013

Swift Energy Common Stock

1,673

$ 49.61

1,673

SQ90 Plan grt 8/1/2000 ISO

$ 21.9375

11/08/2006

6,000

08/01/2005

08/01/2010

Swift Energy Common Stock

6,000

$ 21.9375

SQ90 plan grt 12/29/2004 NQ exp 11/3/07

$ 28.46

11/08/2006

600

12/29/2005

11/03/2007

Swift Energy Common Stock

600

$ 28.46

SQ90 plan grt 5/17/2005 NQ exp 11/3/07

$ 31.4

11/08/2006

1,014

05/17/2006

11/03/2007

Swift Energy Common Stock

1,014

$ 31.4

SQ90 plan grt 5/24/2005 NQ exp 11/3/07

$ 33.01

11/08/2006

3,969

05/24/2006

11/03/2007

Swift Energy Common Stock

3,969

$ 33.01

SQ01 Plan grt 11/4/2003 ISO

$ 13.84

11/08/2006

6,000

11/04/2004

11/04/2013

Swift Energy Common Stock

18,000

$ 13.84

12,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
VINCENT BRUCE H 16825 NORTHCHASE DRIVE, SUITE 400 HOUSTON, TX 77060			President

Signatures

Bruce H. Vincent		11/13/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Grant of reload pursuant to Plan.
(2)	Grant of Reload Options pursuant to Plan.
(3)	Grant of Reload Options pursuant to Plan.
(4)	Grant of Reload Options pursuant to Plan.
(5)	Grant of Reload Options pursuant to Plan.
(6)	Payment of exercise price by delivery of 7951 shares of issuer's common stock at $49.61 per share, the closing price of issuer stock on 11/08/2006.

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