Published: March 31, 2006
Rosetta Resources Inc. Files Form 12b-25
Rosetta Resources Inc. (NASDAQ: ROSE) (the
"Company") announced today that the Company is unable to file its Annual
Report on Form 10-K for the year ended December 31, 2005 by the prescribed
filing deadline without unreasonable effort or expense. The Company will
file a Form 12b-25 to extend the period for filing the Annual Report for
fifteen calendar days from March 31, 2006, and expects to file the final
report in the time period. The delay primarily is related to the Company's
recent effectiveness of its Registration Statement on Form S-1, which went
effective on February 10, 2006. The Company, since that time, has been
working on closing the books for the year ended December 31, 2005.
According to Chairman of the Board and Chief Executive Officer B.A. "Bill"
Berilgen, "Everybody has been working hard to transition Rosetta from a
private company to a publicly traded company. This effort has been
especially hard on our accounting staff, which has moved from the
registration statement, which registered almost all of our outstanding
common stock, to closing out our 2005 books and completing our public
filing in a short period of time. We expect to file our Annual Report
within the extension period."
Rosetta Resources Inc. is an independent oil and gas company engaged in
acquisition, exploration, development and production of oil and gas
properties in North America. Our operations are concentrated in the
Sacramento Basin of California, South Texas, the Gulf of Mexico and the
Rocky Mountains.
Rosetta is a Delaware corporation based in Houston, Texas.
For more information, visit www.rosettaresources.com.
Forward-Looking Statements:
All statements, other than statements of historical fact, included in this
release 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 that could cause actual results to differ materially from
those described in the forward-looking statements. Rosetta assumes no
obligation and expressly disclaims any duty to update the information
contained herein except as required by law.
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