Rosetta Resources Inc. August 14, 2013 James E. Craddock Chairman, Chief Executive Officer and President
Company Strategy Key Elements Grow new core area in Permian Basin; vertical and horizontal applications Leverage Maintain position as a leading operator in the high-return Eagle Ford play High-Grade Asset Base Develop combined…
2013 Capital Program (840-900 Million1) Continued focus on oil and liquids-rich development By Region By Category Other Other 11% 11% Facilities 7% Permian 20% Eagle Ford Drill & Complete 69% 82% Rig Programs Eagle…
EAGLE FORD ESTABLISHED CORE AREA 7
Gates Ranch 18 wells drilled yet to be completed 2Q 2013: 11 completions Summary 26,230 net acres in Webb County 6/30/2013 119 gross completions to date 313 net well locations remaining1 Average Well Characteristics Well…
Well Performance on 55 acres Compared to similar offsetting wells spaced at 100 acres 55 wells Our largest continuous group of producing wells spaced on 55 acres The 55 wells are performing in line with comparable offsetting…
Briscoe Ranch Summary 3,545 net acres in southern 19 wells drilled yet to be completed 6/30/2013 Dimmit County 4 gross completions to date 64 net well locations remaining Future Planned full development activity Activity…
Central Dimmit County Area Summary 8,496 net acres located in Dimmit County Average Well Costs 6/30/2013 Light Ranch 5.5 - 6.0 MM 12 gross completions to date and Vivion Lasseter & 6.5 - 7.0 MM 104 net well locations remaining…
Karnes Trough Area Summary 1,902 net acres located in oil window 6/30/2013 19 gross completions on June 30th As of August, all wells on production Klotzman 15 gross total completions (Dewitt County) Rosetta-owned oil truck…
Lopez Farm-In 2Q 2013: 1 completion Summary 505 net acres in Live Oak County 6/30/2013 Farm-In from Killam Oil BPO: 100% WI, 75% NRI APO: 65% WI, 48.75% NRI 1 completion discovery well 7-day gross stabilized IP 1,966 Boe/d…
Tom Hanks 1 EF well drilled yet to be completed 2Q 2013: 1 EF completion Summary 3,461 net acres in LaSalle County 6/30/2013 2 gross total completions Eagle Ford Well Eagle Ford (EF) development Pearsall exploration Well Costs 5.5…
PERMIAN BASIN NEW CORE AREA 15
Permian Reeves County 40,182 net acres1 Summary 6/30/2013 60% average2 overall working interest 3,100 Boe/d total net production Operated Production 64 wells currently producing 2,500 Bo/d and 5 MMcf/d Non-operated Production…
Reeves County Pecos Area Horizontal Wells Significant horizontal industry activity Rosetta Operated Rosetta Non-Operated Multiple target reservoirs Other Operators Permitted Horizontals Eight Rosetta-operated horizontal 0 10,000…
Total Company Inventory +/- 2,400 net wells -- remaining as of 8/1/2013 Drilling rig Wells Wells awaiting Remaining Avg Cost / Rig years Net acres Well Spacing Years remaining activity completed completion locations Well (M) (16…
MARKETING AND FINANCIAL OVERVIEW 19
Eagle Ford Multiple Takeaway Options Gas Transportation Capacity Oil Transportation Capacity Firm gross wellhead gas takeaway Gates Ranch, Briscoe Ranch & Central Dimmit Co. 245 MMcf/d today Plains Crude Gathering Firm gathering…
Permian Basin Marketing Oil Currently trucked from leases WTI Midland to WTI Cushing basis back to normal (currently -0.35 per Bbl) Oil gravity range 45 - 49 degrees and receives no gravity deducts Natural Gas Gas is rich and is…
Commodity Derivatives Position July 31, 2013 Liquid Derivatives Natural Gas Derivatives (Bbls/d) (MMBtu/d x 1,000) 20,000 100 18,250 90 18,000 7,500 90 40 80 16,000 80 30 14,000 41.96 13,000 70 4.18 5,000 60 4.07 12,000 60 30…
2013 Annual 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 -…
Investment Summary Drill-bit focused producer with large acreage positions in liquids-rich Eagle Ford and oil-weighted Permian Basin plays Attractive new core Delaware Basin position Successful operator in the high-return Eagle…
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