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HOUSTON, Oct. 10, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") announced today that Holli C. Ladhani has been appointed to Rosetta's Board of Directors, effective October 9, 2013.
"We are very pleased that Holli accepted our invitation to join Rosetta's board," said Chairman, CEO and President, Jim Craddock. "Holli's extensive financial and business management experience in the energy industry will provide valuable governance leadership to Rosetta. She will be a great addition to our board."
Ms. Ladhani has served as the Executive Vice President - Chemical Technologies for Rockwater Energy Solutions, Inc. since July 2013. Ms. Ladhani was formerly the Executive Vice President and Chief Financial Officer from the time Rockwater was formed in 2011. She was with Dynegy Inc. from 2000 until 2011 and served as Executive Vice President and CFO from November 2005 until she joined Rockwater. Ms. Ladhani started her career at PriceWaterhouseCoopers, LLP in 1992 and left in 2000 to join Dynegy.
A certified public accountant, Ms. Ladhani received her Bachelor of Business Administration in Accounting from Baylor University and her M.B.A. (Jones Scholar) from Rice University. Ms. Ladhani serves on the Board of Directors of His Grace Foundation, which supports children who undergo bone marrow transplants, and on the Board of Directors of Atlantic Power Corporation, a North American independent power producer.
Rosetta Resources Inc. is an independent exploration and production company engaged in the acquisition and development of onshore unconventional resource plays in the United States of America. The Company owns well delineated positions in the Eagle Ford area in South Texas and in the Permian Basin. Rosetta is based in Houston, Texas. [ROSE-G]Forward-Looking StatementsAll statements, other than statements of historical fact, included in this press release are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of Rosetta Resources Inc. and its subsidiaries (the "Company") and its management. These forward-looking statements are based upon current expectations and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those herein described. Accordingly, recipients are cautioned that these forward-looking statements are not guarantees of future performance. Please refer to the Company's risks, uncertainties and assumptions as it discloses from time to time in the Company's reports and registration statements filed with the SEC, including the risk factors in its most recent Form 10-K and other filings with the Securities and Exchange Commission, which can be found on the Company's website at www.rosettaresources.com . If one or more of these risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. The Company undertakes no obligation to publicly update or revise any forward-looking statements except as required by law.
CONTACT: Investor Contact:
Antoinette D. (Toni) Green
Manager, Investor Relations & Competitor Analysis
Rosetta Resources Inc.