May 2 (Reuters) - ARC Resources Ltd ARX.TO :
* 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