Rosetta Resources Inc. (NYSE: ROSE) offered $400 million, in aggregate principal amount, of senior unsecured notes due 2024, the company said May 21.
Net proceeds will repay outstanding revolving credit facility borrowings, and will also support general corporate purposes, the company said.
J.P. Morgan, Wells Fargo Securities LLC, BMO Capital Markets and Mitsubishi UFJ Securities are joint book-running managers, the company said.
Houston-based Rosetta Resources Inc. owns positions in the Eagle Ford Shale and Permian Basin.
Recommended Reading
US Drillers Add Oil, Gas Rigs for First Time in Five Weeks
2024-04-19 - The oil and gas rig count, an early indicator of future output, rose by two to 619 in the week to April 19.
Strike Energy Updates 3D Seismic Acquisition in Perth Basin
2024-04-19 - Strike Energy completed its 3D seismic acquisition of Ocean Hill on schedule and under budget, the company said.
Santos’ Pikka Phase 1 in Alaska to Deliver First Oil by 2026
2024-04-18 - Australia's Santos expects first oil to flow from the 80,000 bbl/d Pikka Phase 1 project in Alaska by 2026, diversifying Santos' portfolio and reducing geographic concentration risk.
Iraq to Seek Bids for Oil, Gas Contracts April 27
2024-04-18 - Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
Vår Energi Hits Oil with Ringhorne North
2024-04-17 - Vår Energi’s North Sea discovery de-risks drilling prospects in the area and could be tied back to Balder area infrastructure.