Rosetta Resources Eagle Ford Shale Production Interrupted

A midstream interruption in South Texas is forcing Rossetta Resources to curtail volumes from the company’s Gates Ranch assets. Hopefully, this is localized and can be fixed relatively quickly.

Rosetta Resources Inc. (Nasdaq:ROSE) (“Rosetta” or the “Company”) today announced a temporary interruption to a portion of daily production from its Gates Ranch assets in the Eagle Ford shale in South Texas due to an operational upset at a gathering and processing facility owned by a midstream service provider. Volumes of approximately 75 million cubic feet of net equivalent daily production have been curtailed since July 20, 2011. A second midstream service provider continues to take the balance of field production. We expect a partial return of service in the next few days and a return to full service shortly thereafter. The Company will provide an update if conditions change, or when plant operations return to normal and production curtailments end.

Read the full press release at rosettaresources.com

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Kenneth E. DuBose

Kenneth E. DuBose

Kenneth DuBose is the past President of Cheyenne Minerals Inc., an independent oil and gas operator. He began his energy industry career with ARCO Oil & Gas. Mr. DuBose then directed development of natural gas storage projects with Tejas Power Corp. He was a founding member of U.S. Minerals, (acquired by Torch Energy in 1999) a provider of internet based education for America’s mineral owners. Mr. DuBose holds a BS in Petroleum Engineering from Mississippi State University. He has served on various industry steering committees, non-profit boards, and is an active member of the Society of Petroleum Engineers, the National Association of Royalty Owners, the American Association of Professional Landmen, as well as being a Registered Investment Advisor. He writes on topics of oil and gas investing, wealth management and personal finance, having appeared in the Wall Street Journal, Kiplinger’s, Kiplinger’s Personal Finance, Houston Business Journal, Financial Advisor and various radio and TV outlets.
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