profits from gas production

found these figures on what gas can make

Swift Energy Company (NYSE:SFY) announced today a net income record of $37.3 million for the first quarter of 2006, or $1.24 per diluted share, a 45% increase compared to $25.7 million in net income, or $0.89 per diluted share, earned in the first quarter of 2005. Adjusted cash flow from operations ((a) cash flow before working capital changes, a non-GAAP measure -- see page 6 for reconciliation to net cash provided by operating activities of $83.9 million) increased 41% to $91.6 million, or $3.05 per diluted share, compared to $65.1 million, or $2.26 per diluted share, for the first quarter of 2005.


Production increased 7% for the first quarter of 2006 to a record 16.6 billion cubic feet equivalent ("Bcfe") from the 15.5 Bcfe produced in the first quarter of 2005 and increased 13% sequentially from the 14.7 Bcfe produced in the fourth quarter of 2005. First quarter 2006 production included record domestic production of 12.8 Bcfe, a 16% increase, and 3.8 Bcfe produced in New Zealand, a 16% decrease, in both cases when compared to production in the same period in 2005.