Replies to post #561 on Saratoga Resources, Inc. (fka SARA)

[Knowledge is King]

We look at Swift Energy as an analog


I like this part...


"We look at Swift Energy as an analog for development of our Southern Louisiana assets. In 2001, Swift acquired the Lake Washington Field, not too far from our Grand Bay and took production from 1,000 BOEPD to 18,000 BOEPD in just six years, becoming the largest producer in Louisiana at that time. They did this through applying 3D seismic technology and by converting PUDs to PDP and PDNP. This is exactly the type of success we hope to emulate in our existing asset base."


Swift Energy (SFY) stock went from less than $10 to about $70/share over that period!