Adjusted net income for the second quarter totaled $145 million or $0.77 per share diluted. Excluded from adjusted net income were unrealized gains from commodity hedges and 2 domestic asset impairments related to commodity prices. As previously announced, we have recorded $118 million pretax in exploration expense related to the Deep Blue project, which reduced earnings this quarter by approximately $0.42 a share.Revenues from continuing operations were $966 million for the quarter. That's up 15% from the second quarter last year, with a big driver in the growth being crude and condensate revenue, which was up 57%. Our total sales volumes for the quarter, including sales from discontinued operations, were 231,000 barrels of oil equivalent per day, which was near the upper end of our second quarter guidance range. As expected, total sales were down from the first quarter due to planned maintenance early in the quarter at the Atwood plant, as well as reduced gas sales in Israel where we continue to manage reservoir depletion.
Noble Energy Management Discusses Q2 2012 Results - Earnings Call Transcript
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