Rosetta Resources Inc. First Quarter 2013 Earnings Review May 7, 2013
Earnings Call Agenda Overview Jim Craddock Financial Update John Hagale Operational Update John Clayton Closing Remarks Jim Craddock 2
Overview Jim Craddock Set all-time records in daily production for oil, NGLs, and total equivalent production Set an all-time record for discretionary cash flow Recorded sequential Eagle Ford daily equivalent production and oil…
Financial Update John Hagale Higher net income and revenues for quarter due to increased production and higher liquids mix First quarter revenues reflect 56% from oil Continued operating cost improvement with 4% year-over-year…
Pro Forma 2013 Guidance 2013 Production Guidance (MBoe/d) 2013 average daily production 51 - 55 2013 exit rate (63% total liquids) 56 - 60 Expense Guidance (/Boe) Direct Lease Operating Expense 2.55 - 2.80 Workover Expenses 0.01…
Operational Update John Clayton Spent 161 MM in first quarter 2013 capex; drilled 24 gross wells with 100% success rate and completed 17 (16 Eagle Ford) First quarter 2013 total production of 47.0 MBoe/d Oil 12.4 MBbls/d, NGLs 16.5…