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Company News

BRIEF-Arc Resources Reports Q1 FFO Per Share Of C$0.57

May 2 (Reuters) - ARC Resources Ltd:

* REPORTS FIRST QUARTER 2018 FINANCIAL AND OPERATING RESULTS

* Q1 FFO PER SHARE C$0.57

* Q1 PRODUCTION AVERAGED 131,016 BOE PER DAY

* ARC EXPECTS 2018 ANNUAL AVERAGE PRODUCTION TO BE IN RANGE OF 130,000 BOE TO 134,000 BOE PER DAY

* ARC’S 2018 CAPITAL PROGRAM OF $690 MILLION

* ARC RESOURCES - DUE TO EPROGRESS MADE ON CONSTRUCTION OF SUNRISE PHASE II, SEES INITIAL 60 MMCF PER DAY OF PROCESSING CAPACITY IN PLACE BY END OF Q4 Source text for Eikon: Further company coverage:

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