May 11 (Reuters) - Obsidian Energy Ltd OBE.TO :
* OBSIDIAN ENERGY ANNOUNCES FIRST QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS
* Q1 PRODUCTION AVERAGED 29,443 BOE PER DAY, A DECREASE OF SIX PERCENT RELATIVE TO Q4 2017
* Q1 PRODUCTION AND OPERATING COST RESULTS WERE HAMPERED BY COLD WEATHER DOWNTIME, THIRD PARTY MAINTENANCE AND OPERATIONAL DELAYS
* DO NOT EXPECT TO ADD INCREMENTAL 2019 HEDGES AT THIS TIME
* CONTINUE TO EXPECT FULL YEAR PRODUCTION AND OPERATING COSTS WITHIN GUIDANCE RANGES
* QTRLY LOSS PER SHARE $0.13
* QTRLY FFO PER SHARE $0.07