Rosetta Resources, Inc. (Nasdaq:ROSE) announced its Board of Directors has approved a 2012 capital budget of $640 million. Approximately $590 million, or more than 90 percent, will be spent for activities in the liquids-rich window of the Eagle Ford shale in South Texas, the largest producing area in the Company's portfolio. This capital expenditure program will be funded from internally-generated cash flow supplemented by borrowings under its current credit facility. In addition, the Company released the first horizontal well results from its exploratory program in the Southern Alberta Basin.

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