The U.S. government has objected to Swift Energy’s Co.’s (SFY) proposed sale of most of its oil and gas assets in Louisiana, saying the company can’t transfer rights to drill on federal land without first receiving its consent. The government says it requested information about the federal interests—which constitute at least 25 leases in Louisiana with the U.S. Department of the Interior. Although Swift, which is in chapter 11 proceedings, doesn’t think the contracts are included as part of the proposed sale, the government isn’t taking the company’s word for it. In papers filed on Friday in U.S. Bankruptcy Court in Wilmington, Del., the government said it needs more time “to research its records to independently determine the impact, if any, the sale motion has on federal interests.” Swift said earlier this month that it was looking to sell the majority of its assets in Louisiana to Texegy LLC […]