Rosetta Resources Inc. Announces Pricing of $700 Million Senior Notes Offering

Rosetta Resources Inc. Announces Pricing of $700 Million Senior Notes Offering

HOUSTON, April 18, 2013 (GLOBE NEWSWIRE) -- Rosetta Resources Inc.
(Nasdaq:ROSE) (the "Company") announced today the pricing of its public
offering of $700 million in aggregate principal amount of 5.625% Senior Notes
due 2021. The notes were priced at par.The sale of the notes is expected to
settle on May 2, 2013, subject to the satisfaction of customary closing

The Company intends to use all of the net proceeds from the proposed notes
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"). If the Acquisition is not consummated by
July 15, 2013, or if the purchase and sale agreement is terminated at any time
prior to the consummation of the Acquisition, the Company will be required to
redeem all of the notes in cash at a redemption price equal to 100% of the
aggregate principal amount of the notes, plus accrued and unpaid interest to
the date of redemption.

J.P. Morgan, Morgan Stanley and Wells Fargo Securities are acting as joint
book-running managers of the offering.The offering is being made only by
means of a prospectus supplement and accompanying base prospectus, copies of
which may be obtained by contacting J.P. Morgan at 383 Madison Avenue, 3rd
Floor, New York, New York 10179, Attention: Syndicate Desk, or by calling
(800) 245-8812; Morgan Stanley at 180 Varick Street, Second Floor, New York,
New York 10014, Attention: Prospectus Department, or by calling (866) 718-1649
or by emailing; or Wells Fargo Securities at the
following number: (800) 326-5897 or by e-mailing

When available, an electronic copy of the prospectus supplement and
accompanying base prospectus may also be obtained at no charge at the
Securities and Exchange Commission's website at

This press release does not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful.The offering is being made pursuant to an effective registration
statement on Form S-3 previously filed by the Company with the Securities and
Exchange Commission.

Rosetta Resources Inc. is an independent exploration and production company
engaged in the acquisition and development of onshore energy resources in the
United States of America. The Company holds a leading position in the Eagle
Ford area in South Texas, one of the nation's largest unconventional resource
plays. The Company is based in Houston, Texas.

Forward-Looking Statements

This press release includes forward-looking statements, which give the
Company's current expectations or forecasts of future events based on
currently available information. Forward-looking statements are statements
that are not historical facts, such as expectations regarding the closing of
the notes offering and the completion of the proposed Acquisition. The
assumptions of management and the future performance of the Company are
subject to a wide range of business risks and uncertainties, including the
risk that the Acquisition may not close, and there is no assurance that these
statements and projections will be met. Factors that could affect the
Company's business include those detailed in the Company's most recent Form
10-K and other filings with the Securities and Exchange Commission. 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:
         Don O. McCormack
         Vice President, Treasurer and Chief Accounting Officer
         Rosetta Resources Inc.

Rosetta Resources Inc. Logo
Press spacebar to pause and continue. Press esc to stop.