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May 5 (Reuters) - Crew Energy Inc :
* Crew Energy Inc. Announces first quarter 2016 financial and operating results and updated montney resource evaluation
* Q1 FFO per share c$0.08
* Crew energy inc qtrly production 23,832 boe per day, an increase of 15% over previous quarter
* "have taken a very conservative approach to our capital expenditures this year"
* Crew energy inc sees 2016 annual production guidance remains at 23,000 to 25,000 boe per day on a capital budget of $70 million
* Qtrly loss per share $0.05 Source text for Eikon: Further company coverage: (Bengaluru Newsroom)