Profile: Rosetta Resources Inc (ROSE.OQ)

ROSE.OQ on NASDAQ Stock Exchange Global Select Market

46.85USD
2 Aug 2013
Price Change (% chg)

$-0.27 (-0.57%)
Prev Close
$47.12
Open
$46.89
Day's High
$47.01
Day's Low
$46.77
Volume
7,780
Avg. Vol
253,633
52-wk High
$54.60
52-wk Low
$38.87

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Rosetta Resources Inc. (Rosetta), incorporated in June 3, 2005, is an independent exploration and production company engaged in the acquisition and development of onshore energy resources in the United States of America. The Company’s operations are primarily located in South Texas, including its producing area in the Eagle Ford area. It owns producing and non-producing oil and natural gas properties in proven or prospective basins that are primarily located in South Texas. During the year ended December 31, 2012, it drilled 85 gross and 82 net wells.

As of December 31, 2012, the Company owned approximately 72,000 net acres in South Texas. Its production in South Texas comes primarily from the Eagle Ford area, which averaged 35.9 one thousand barrels of crude oil equivalent per day during 2012. Its Eagle Ford area holds approximately 67,000 net acres, with 53,000 net acres located in the liquids-rich area of the play. During 2012, it drilled 79 gross and 76 net development wells in the Eagle Ford area. It also drilled one gross exploratory well located in the central Dimmit County area on its Lasseter & Eppright acreage. During 2012, it drilled three gross wells in the Southern Alberta Basin in Northwest Montana. As of December 31, 2012, it had an estimated 201 one million barrels of crude oil equivalent of proved reserves, of which 37% was proved developed.

Company Address

Rosetta Resources Inc

Suite 2800, 717 Texas
HOUSTON   TX   77002
P: +1713.3354000
F: +1713.3354197

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