Rosetta Resources Inc. (ROSE) held its third quarter conference call on November 9, 2009 and discussed its operations in the Eagle Ford Shale in Texas. Rosetta Resources has recently expanded its position and now has 47,000 net acres in the Eagle Ford Shale. Some of its acreage is in the Springer Ranch area.
Eagle Ford Shale Acreage and Well Results
“The initial Springer Ranch discovery well continues to meet our performance expectations. Our second exploratory well, the Gates Ranch, was also a success. We are preparing to drill our third horizontal well in the play, which we will spud later this quarter, and our lease position continues to grow.”
Springer Ranch
“Santa Cruz number 1H, during the fourth quarter of this year. This new well will test the southern limits of our Springer Ranch acreage position and will be located nearly nine miles south of the number 1H discovery well.”
"We have increased our Springer Ranch acreage position during the quarter and now have more than 14,000 net acres or about 30% of our total Eagle Ford acreage in the vicinity of this well."Source: Seeking Alpha
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