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Rosetta Sustains Eagle Ford Development; Plans Further HZ Ops in Wolfcamp

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Rosetta Sustains Eagle Ford Development; Plans Further HZ Ops in Wolfcamp

Rosetta Resources Inc. has reported third quarter 2013 net income of $41.0 million, or $0.67 per diluted share, versus net income of $17.7 million, or $0.33 per diluted share, for the same period in 2012.

Jim Craddock, Rosetta's Chairman, CEO and President, said "Rosetta's third quarter production results continued on a record pace and demonstrate our ability to maintain development of our core Eagle Ford position while integrating the Permian Basin assets into our operations. We have made significant progress in evaluating our newest core asset and refining the plan to deliver long-term future growth.

We are moving forward with the execution of our Delaware Basin horizontal program and recent industry well results in the area lend support to our assessment. Rosetta is well-positioned to…

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