Rosetta Resources, Inc., a Delaware corporation was incorporated in June 2005. It is an exploration and production company engaged in the acquisition and development of onshore energy resources in the United States of America. Its operations are primarily located in the Eagle Ford shale in South Texas and in the Permian Basin in West Texas. The Company owns producing and non-producing oil and gas properties in proven or prospective basins that are primarily located in the Eagle Ford shale in South Texas and in the Permian Basin in West Texas. The Company drilled 111 gross wells and completed 79 gross wells in the Eagle Ford area in 2013. The Company acquired producing and undeveloped oil and natural gas interests in the Permian Basin in Gaines and Reeves Counties, Texas in the second quarter of 2013. The Permian Acquisition added roughly 40,000 net acres in the Wolfbone play in Reeves County in the Delaware Basin and 13,000 net acres in Gaines County in the Midland Basin. It drilled 39 gross operated wells and completed 32 gross operated wells in the Permian area in 2013. For 2013, production from the Permian area provided approximately 4% of our total production. The Company competes with a substantial number of other companies that have greater resources than the Company. The Company's operations are subject to extensive environmental, health and safety regulation by federal, state and local agencies.