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.
Arc Resources Ltd : Full-Year 2016 annual average production is expected to be in range of 118,000 to 122,000 boe per day . ARC Resources Ltd. Announces strong second quarter results and strategic cardium acquisition . Q2 FFO per share C$0.40 . Sees full-year 2016 per boe operating expenses have been lowered to a range of $6.90 to $7.20 per boe .ARC's 2016 full-year guidance has been revised to incorporate increased 2016 capital spending of approximately $450 million.