- says committed to returns-focused strategy regardless of commodity price improvement
- says plans to exceed original oil production forecast despite capital budget cut
- says no water-borne oil exports from United States in third quarter
- says 'quite possible' might see quarterly distribution from Australia Pacific LNG joint venture in fourth quarter
- says does plan to start cutting stake in Cenovus Energy Inc after lock-up period ends in November
- says currently producing more than 30,000 barrels/day of oil in Libya
- says all gas from Australia Pacific LNG that's not sold domestically is under long-term contracts to customers in China and Japan
- says some Australia Pacific LNG customers exercised right to not take up to 10 percent of contracted cargos, making some LNG available for spot sale in 2018 Source text
Market: looks like all three indices could hit another record high today.
- NYSE, new highs -- 110, including: Boeing; COP (whoo-hoo); DR Horton; Marathon Petroleum (MPC); McDonald's; Pembina Pipeline (again); Walmart
- new lows: 79
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