Rosetta Resources Inc. Announces Borrowing Base Increase to $950 Million

Rosetta Resources Inc. Announces Borrowing Base Increase to $950 Million

HOUSTON, April 2, 2014 (GLOBE NEWSWIRE) -- Rosetta Resources Inc.
(Nasdaq:ROSE) ("Rosetta" or the "Company") today announced the amendment of
its Senior Revolving Credit Facility ("Credit Facility") to increase the
borrowing base. The semi-annual borrowing base redetermination was recently
completed for the Credit Facility and effective April 2, 2014, the Company's
borrowing base increased from $800 million to $950 million. The committed
amount under the Credit Facility was reconfirmed at $800 million with a
maximum credit amount of $1.5 billion. As of April 2, 2014, the Company had
$60 million outstanding under the Credit Facility.

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-F]

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 completion of
the proposed acquisition, drilling plans, including the acceleration thereof,
production rates and guidance, proven reserves, resource potential,
incremental transportation capacity, exit rate guidance, net present value,
development plans, progress on infrastructure projects, exposures to weak oil,
natural gas, and NGL prices, changes in the Company's liquidity, changes in
acreage positions, expected expenses, expected capital expenditures, and
projected debt balances. The assumptions of management and the future
performance of the Company are subject to a wide range of business risks and
uncertainties and there is no assurance that these statements and projections
will be met. Factors that could affect the Company's business include, but are
not limited to: the risks associated with drilling and completion of oil and
natural gas wells; the Company's ability to find, acquire, market, develop,
and produce new reserves; the risk of drilling dry holes; oil, liquids and
natural gas price volatility; derivative transactions (including the costs
associated therewith and the abilities of counterparties to perform
thereunder); uncertainties in the estimation of proved, probable, and possible
reserves and in the projection of future rates of production and reserve
growth; inaccuracies in the Company's assumptions regarding items of income
and expense and the level of capital expenditures; uncertainties in the timing
of exploitation expenditures; operating hazards attendant to the oil and
natural gas business; drilling and completion losses that are generally not
recoverable from third parties or insurance; potential mechanical failure or
underperformance of significant wells; midstream and pipeline construction
difficulties and operational upsets; climatic conditions; availability and
cost of material, equipment and services; the risks associated with operating
in a limited number of geographic areas, including the Permian; actions or
inactions of third-party operators of the Company's properties; the Company's
ability to retain and hire skilled personnel; diversion of management's
attention from existing operations while pursuing acquisitions or
dispositions; the Company's ability to integrate the newly acquired assets and
operations, including the assets acquired in the Permian; availability and
cost of capital; the strength and financial resources of the Company's
competitors; regulatory developments; environmental risks; uncertainties in
the capital markets; general economic and business conditions; changes in
commodity prices that were not anticipated in the acquisition of the assets
and operations in the Permian; industry trends; and other factors 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.

References to quantities of oil or natural gas may include amounts that the
Company believes will ultimately be produced, but are not yet classified as
"proved reserves" under SEC definitions. We use the term "net risked
resources" to describe the Company's internal estimates of volumes of natural
gas and oil that are not classified as proved developed reserves but are
potentially recoverable through exploratory drilling or additional drilling or
recovery techniques. Estimates of net risked resources are by their nature
more speculative than estimates of proved reserves and accordingly are subject
to substantially greater risk of actually being realized by the Company.
Estimates of net risked resources may change significantly as development
provides additional data, and actual quantities that are ultimately recovered
may differ substantially from prior estimates.

CONTACT: Investor Contact:
        
         Antoinette D. (Toni) Green
         Vice President, Investor Relations & Planning
         Rosetta Resources Inc.
         info@rosettaresources.com

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