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Rosetta Resources Details 2014 Capex Budget, Year-end 2013 Financial Results

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February 26, 2014

Rosetta Resources Inc. (NasdaqGS: ROSE) detailed its 2014 capex budget and year-end 2013 financial results on Feb. 24.

This year’s capex budget, excluding acquisition capital, is $1.1 billion, the company said. This budget is based on a four-to-five rig program in the Eagle Ford, where 90-95 wells will be drilled and completed, the company added. The budget also includes a six-rig greater Permian program, where 50-55 gross wells will be completed in the Delaware Basin area, the company said. About half of these will be horizontal wells, the company added. ...

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