HOUSTON, Dec. 10, 2012 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") today announced its Board of Directors has approved a 2013 capital budget of $700 million. Approximately $600 million, or more than 85 percent, will be spent for activities in the liquids-rich window of the Eagle Ford shale in South Texas, including about $55 million allocated to facilities projects. In addition, the 2013 budget allocates approximately ten percent of funds for evaluation of new venture opportunities outside of the Eagle Ford area. This capital expenditure program will be funded from internally-generated cash flow supplemented by borrowings under our current credit facility.
Rosetta Resources Inc. Announces 2013 Capital Budget And Guidance
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