Pioneer Natural says first cargo of condensate exported in late July

• Pioneer Natural Resources (NYSE:PXD) says its first cargo of Eagle Ford condensate was exported in late July following confirmation from the Commerce Department that the ultra-light oil could be exported without a license if processed minimally.
• PXD says its monthly condensate shipments are expected through year-end at prices higher than domestic levels, adding that Asian petrochemical demand for the Eagle Ford shale condensate is growing.