HOUSTON, April 15, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) (the "Company") announced today it intends to commence an underwritten public offering of 7,000,000 shares of the Company's common stock. The Company intends to use the net proceeds from this offering to fund a portion of the consideration for its previously announced acquisition of oil and natural gas assets in the Permian Basin from Comstock Resources, Inc. (the "Acquisition") and to repay amounts outstanding under the Company's revolving credit facility. Any remaining net proceeds will be used for general corporate purposes. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of common stock.
Rosetta Resources Inc. Announces Public Offering Of Common Stock
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