March 7 (Reuters) - Crescent Point Energy Corp CPG.TO :
* CRESCENT POINT ANNOUNCES 2018 RESULTS AND RESERVES
* IN 2018, WE SPENT BELOW BUDGET
* ANNUAL AVERAGE PRODUCTION IN 2018 WAS 178,166 BOE/D
* CRESCENT POINT ADDED 92.2 MMBOE OF ORGANIC 2P RESERVES IN 2018
* COMPANY'S 2P NAV WAS $24.41 PER SHARE AT YEAR-END 2018
* QTRLY ADJUSTED FUNDS FLOW FROM OPERATIONS PER SHARE $0.61
* QTRLY NET LOSS PER SHARE $4.35
* QTRLY ADJUSTED NET LOSS FROM OPERATIONS PER SHARE $0.03
* EXPLORING SOLUTIONS TO FURTHER ENHANCE REALIZED PRICING FOR ITS CANADIAN OIL PRODUCTION
* IS ON TRACK WITH ITS 2019 BUDGET
* SEES ANNUAL AVERAGE PRODUCTION OF 170,000 TO 174,000 BOE/D AND 2019 CAPITAL EXPENDITURES OF $1.20 TO $1.30 BILLION