Rosetta Resources Inc. Announces 2015 Capital Budget and Guidance
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Rosetta Resources (ROSE) Sees FY15 CapEx of Up to $900M
December 17, 2014 6:25 AM ESTRosetta Resources (Nasdaq: ROSE) announced its Board of Directors has approved a 2015 capital budget with the flexibility to spend up to $900 million. Considering the current commodity price environment, the Company anticipates total capital spending to be between $700 million and $800 million. Approximately 54 percent will be allocated to development activities in the higher rate of return project areas of the Eagle Ford shale in South Texas and approximately 40 percent on further delineation activities in the Delaware Basin in West... More
