SEC Info - Rosetta Resources Inc. - IPO: ‘FWP’ on 10/2/06 re: Rosetta Resources Inc.

Disclaimer

Issuer Free Writing Prospectus

Filed Pursuant To Rule 433

Registration Statement No. 333-128888

October 2, 2006

The issuer has filed a registration statement (including a prospectus) with the SEC for

the offering to which this communication relates. Before you invest, you should read
the prospectus in that registration statement and other documents the issuer has filed
with the SEC for more complete information about the issuer and this offering. You
may get these documents for free by visiting EDGAR on the SEC Web site at
www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the
offering will arrange to send you the prospectus if you request it by calling (713)
335-4000. The prospectus relating to this offering is available by clicking on the
following link:

http://www.sec.gov/Archives/edgar/data/1340282/000119312506027644/d424b3.htm.

Corporate Profile

* Includes non-consent properties of 19.6 Bcfe and PV-10 value of

$73 million.

** Includes non-consent properties of 4 MMcfe/d.

717 TEXAS AVENUE

HOUSTON, TEXAS

ROSETTA CORPORATE HEADQUARTERS

v Stock Trades on NASDAQ, Symbol:	“ROSE”
v Shares Outstanding:	50 Million
v Total Assets (as of 6/30/06):	$1,135 million
v Long Term Debt (as of 6/30/06):	$240 million
v Stock Holders Equity (as of 6/30/06):	$777 million
v Cash and Cash Equivalents (as of6/30/06):	$ 93 million
• 12/31/05 SEC Proved Reserves:	379 Bcfe *
• 12/31/05 SEC Proved PV10:	$1.4 Billion **
• Proved Developed Reserves:	65%*
• Current Production (as of Sept 2006):	105 MMcfe/D **
• Net Producing Wells:	Over 500
• Proved and Probable locations:	Over 600
• Historical drilling success:	Over 80%
• Number of employees:	120
• Principal Offices:	Houston, Denver
• Field Offices:	Rio Vista, CA Laredo, TX

2006 Goals

Ø Well Activity
• Drill	188 Wells
• Recompletions / Workovers	68 Wells
Ø Average Production	105 MMcfe/d
Ø Capital Expenditures	$190 MM
Ø Proved Reserve Additions	80 Bcfe

* Includes non-consent properties – (approx. 4 MMcfe/d)

	2006
v COSTS/MCFE
• Direct LOE	$0.64
• Ad-Valorem Tax	0.23
• Workover	0.14
• Insurance	0.04
v Total Lifting Costs	1.05
• Production Tax	0.21
• TG&M	0.15
• G&A ⁽¹⁾	0.65
• Interest Expense	0.48
Total	$2.54

⁽¹⁾ Includes costs of becoming Public company, SOX implementation

and the Calpine Transaction. Expect to be below $0.50 per MCFE by
mid 2007

2006 Cash Cost Structure

Hedge Position (Mmbtu/day)

	2006	2007	2008	2009
Fixed Swaps	45,000	36,300	30,876	26,141
Average Price	$7.92	$7.62	$7.30	$6.99

Additional Fixed Swaps*	--	9,041	9,033	--
Average Price	--	$8.21	$8.04	--

Collars	10,000	--	--	--
Floor	$8.83	--	--	--
Ceiling	$14.00	--	--	--

Additional Collars	--	10,000	--	--
Floor	--	$7.19	--	--
Ceiling	--	$10.03	--	--

Rosetta uses hedges to lower exposure to commodity volatility.

It also provides a stable cash flow for future acquisitions and our extensive capital program.

* Added additional hedges in September 2006

Calpine Transaction

Contractual gas sales continuing.

Non-consent property status report presented to Calpine.

Settlement discussions underway.

Objective is global solution:

Calpine conveys good title for non-consent properties for $68 MM.

Preferential right properties retained by Calpine. Rosetta retains $7 MM.

Settlement statement finalized.

Other administrative matters settled to satisfaction of Rosetta.

Drilling Activity Recap – 2006 Year To Date

84% Success Rate

	Wells Drilled
(as of September 25, 2006)	Gross	Net
California	18	18.0
Rockies	37	35.5
MidCon	2	0.3
Offshore	2	0.8
Lobo	14	14.0
Perdido	4	2.0
State Waters	5	1.2
Other	12	4.7
Total	94	76.5

Sacramento Basin

•

167 producing wells and over 62,000 net

acres in the Rio Vista Field.

•

Current average net production 40

MMcfe/d*.

•

143 currently shut-in or idle wells, over

130 proved and probable drilling locations
and numerous workover and
recompletion projects.

•

Numerous wells identified that are

believed to contain bypassed pay.
Currently attempting to acquire rights to
these wellbores.

•

Began a drilling program in early

November 2005, drilled 20 wells to date,
19 successful one dry hole, 11 of these
wells currently on production, 2 additional
wells to be producing by the end of Sept.
2006.

•

Expect to drill an additional 6 to 7 wells in

2006. One drilling rig active in field. May
get deep rig in January 2007.

•

Four completion rigs currently working on

Rosetta properties in the Rio Vista Field
area. Performed 21 recompletions since
June 30, 2005.

*Includes cured non-consent

properties.

•

Recently drilled wells have

extended the Upper, Middle, Lower
Capay and also the Martinez within
the Rio Vista Gas Field.

•

Two Capay wells drilled in the

Southern Extension, RVGU 265
and RVGU 270 are producing 0.6
and 1.5 MMCFE/D respectively
and the two Martinez wells drilled in
the extension, Twitchell 4 and
Twitchell 5 are producing 1.8 and
3.2 MMCFE/D respectively.

•

This extension has added 18 Bcf of

proved and probable reserves to
date.

Rio Vista – Upper Capay and Martinez

Capay Extension

Martinez Extension

S o u t h e r n E x t e n s I o n

Sacramento Basin – Bradford Island 3D Shoot

•

Acquiring 12.0 sq. mi. (~7700

acres) proprietary 3D seismic
data over the Southern Rio Vista
Gas Unit. Approximately 70% (~
5400 acres) of the 3D covers
acreage with no seismic
coverage.

•

Prospective zones include the

Nortonville, Capay, Hamilton,
Martinez, and McCormick.

•

Historically only 17 wells in

survey – only 4 below 5000’

•

20 BCF reserve potential.

Rio Vista - Winters Play

Rio Vista Unit

•

Over 1.1 Tcf of gas produced to the

North, East and South of Rio Vista field.
Only 5 penetrations to date in this
90-square mile field area.

•

Welch 13 well drilled in April in the

Winters with producing rate of 3 MMcfe/d
(net).

•

Wilcox 13 has good mud log shows in the

K1 but not logged due to hole conditions.

•

Wilcox 14 well has good mud log shows

and calculated pay on open hole logs but
tests show zone to be wet. Maddie
location to be drilled with deep rig in
2007.

•

Identification of additional locations is

currently underway. Plans underway for
K1 test in Wilcox 13 fault block. May
sidetrack Wilcox 14.

South Texas Trends

Miocene and Frio Amplitude Plays

Anomalina and Vicksburg Amplitude Plays

Upper Wilcox Structural Plays

Lobo Play

Perdido Play

Middle and Lower Wilcox Plays

Sligo Reef Structural Plays

S. Callaghan and El Corazon Ranch (42,000 est. of the total) acreage

South Texas – Lobo

•

The Company has approximately

70,000 net acres (est.) square miles of 3-D seismic.

•

277 active operated and 117

non-operated wells.

•

Current net production is 38

MMcfe/day.

•

Over 100 proved and probable

locations.

•

Drilled 12 successful wells to date.

Net production for the first 9 wells is
currently 21.6 MMcfe/d. (3 are
completing.)

•

Plan to drill 8 additional wells in 2006

(2 drilling now).

•

Two rigs under contract.

2006 Dry Hole

Next 12 months Drilling Inventory

Future Location

2006 Discovery

Currently Drilling

Current Producer

Lobo Stratigraphic Column

LOBO STRAYS

LOBO 'B' SAND

WALKER

LOBO 1

L1 PAY

LOBO 2

LOBO 3

LOBO 6a SAND

LOBO 6b SAND

LOBO 6c SAND

LOBO 6d SAND

2006 New Wells

TD 8740’

TD 8176’

TD 8883’

TD 7600’

TD 8850’

TD 7956’

TD 8078’

TD 6850’

TD 8795’

TD 8425’

SCR 232

SCR 234

SCR 235

SCR 236

SCR 238

SCR 237

SCR 242

ECR 3

ECR 1

ECR 2

ECR 11

SCR 244

TD 8070’

TD 8612’

Lobo Wells

LOBO

GROSS MMCFE/D

* Does not include any new acreage or acquisitions

** Assumes drilling of 23 wells per year and spending $41 MM per year.

Future Drilling Current Gross production

Proved Developed 52 MM per day

South Texas – Perdido

•

Company owns a 50% non-operated working

interest in approximately 18,000 net acres (est.) in the Perdido Sand Trend.

•

Horizontal drilling has been very successful in

developing these sands at 9,500 to 12,000 feet.

•

Currently have 31 producing wells of which 10

are horizontal.

•

Current net production is 12 MMcfe/d.

•

4 new horizontal wells drilled in 2006 to date.

They are producing a total of 13.6 MMcfe/d
(gross).

•

48 future locations will be horizontal.

•

There are 3 additional wells planned for 2006.

Current horizontal producers

Approved horizontal locations

Future horizontal locations

Perdido Acreage

Currently drilling

Gulf of Mexico Activity Areas

•

Working interest in 11

blocks ranging from 20% to
100% (NRI of 15% - 79%).

•

Current net production is 9

MMcfe/day from 7
producing wells.

•

22,000 net acres (est.) under

lease.

•

A recent discovery at Main

Pass 118 tested 12.4
MMcf/day and 512 Bbls/day,
gross.

•

Successful bidder in 2006

offshore lease sale with 50%
working interest in S.
Timbalier Block 293 and
Block 226 and 25% in East
Cameron Block 178.

Gulf Coast Offshore Exploration

Texas State Waters

•

The Company is exploring in

the Vicksburg and Frio trends
in Galveston Bay, Texas,
pursuing sands that exhibit
strong hydrocarbon indicators
on 3-D seismic.

•

Current net production is 3

MMcfe/day.

•

Four successful wells drilled to

date. One is shut-in waiting on
fracture-stimulation.

•

Five additional locations are

planned, with working interest
of 28.9% to 40%.

T B - 2

St Tr 100 Ut

Bonefish

Kerr McGee Farm-Out

Dolphin

Producing

Waiting on Completion

Location

Rosetta Acreage

TEXAS STATE WATERS

Rocky Mountains – DJ Basin

•

Producing formation – Niobrara chalk at 2,300 -

2,500 feet.

•

Company owns 77,400 net acres in this shallow

gas play.

•

34 wells drilled through September 27^thto date, 30

successful (88% success rate). All of the wells
(14) in the Republican River 3D look very good
on logs, averaging 7 ohms resistively up to a
maximum of 17 ohms with gas effect over the
Niobrara Chalk. Continuing to stake locations
on two other 3-D surveys.

•

Expect to drill approximately 200 additional

locations on our existing leases and leases
being finalized with 60 planned in 2006.

•

61 square miles of 3-D seismic acquired in 2006

on this 3-D supported play.

•

Drilling and completion cost per well is

$225,000.

DJ Basin

Rosetta Leases

Rocky Mountains – San Juan Basin

•

8,481 net acres with

Fruitland Coal potential at
1,600 feet.

•

Company has identified

44 drillable development
locations.

•

Drilling and completion

costs of $280,000 per
well.

•

14 wells drilled and

completed to date.

Rosetta

Leases

San Juan Basin

Investment Considerations

Quality Asset Base

Production Growth Momentum

Significant Drilling Location Inventory

Competitive Cost Structure

Strong Balance Sheet

Experienced Technical Staff, Making Use of Industry

Best Practices and State of the Art
Technology.

Forward-Looking Statements

Forward-Looking Statements: All statements, other than statements of

historical fact, included in this presentation are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based upon current
expectations and are subject to a number of risks, uncertainties and
assumptions, which are more fully described in Rosetta Resources
Inc.’s Annual Report on Form 10-K and Quarterly Reports on Form
10-Q filed with the Securities and Exchange Commission. These
risks, uncertainties and assumptions could cause actual results to
differ materially from those described in the forward-looking
statements. Rosetta Resources Inc. assumes no obligation and
expressly disclaims any duty to update the information contained
herein except as required by law.

This ‘FWP’ Filing	Date	Other Filings

	10/5/06	FWP
Filed on:	10/2/06
	9/25/06
	11/5/05
	6/30/05
		List all Filings

Rosetta Resources Inc. – IPO: ‘FWP’ on 10/2/06 re: Rosetta Resources Inc.

On: Monday, 10/2/06, at 5:28pm ET · Accession #: 1340282-6-24 · File #: 333-128888

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