Earnings per share was $11.17 compared to the previous $9.15/share.

"This quarter was operationally on plan, helped by strong commodity prices and I am looking forward to an exciting second half," said Dr. Jim Buckee, president and chief executive officer.

"Our major development project in Malaysia/Vietnam is over 90% complete and on schedule for oil production in September. Algerian oil production is increasing and expected to average over 15,000 bbls/d in the fourth quarter.

"Blake Flank production will start in the North Sea in September as planned. Gas sales from the Corridor Block to Singapore are expected to start in August and we have signed a number of significant agreements to progress additional Corridor sales," he said.