Rosetta Resources, Inc. (ROSE) Misses Q2 EPS Views

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Rosetta Resources Inc. Announces 2014 Second Quarter Financial and Operational Results

August 4, 2014 5:15 PM EDT

Successfully completed six Delaware Basin horizontal wells, including one well with a gross seven-day rate of 1,966 Boe/d, the Company's highest to date Reduced Eagle Ford total well cost guidance by nearly 10 percent after implementing a new stimulation design Increased total daily equivalent production to 61.5 MBoe/d, up 26 percent versus 2013 and 13 percent quarter-over-quarter Increased total daily oil production to 19.0 MBbls/d, up 56 percent versus 2013 and 18 percent quarter-over-quarter Achieved 14 percent quarter-over-quarter growth in Permian daily oil production Updated 2014 capital, volume and expense guidance

HOUSTON, Aug. 4, 2014 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:... More