March 6 (Reuters) - Parex Resources Inc PXT.TO :
* PAREX RESOURCES ANNOUNCES 2018 FOURTH QUARTER AND FULL YEAR RESULTS
* Q4 BASIC FFO PER SHARE $1.28
* QUARTERLY OIL AND NATURAL GAS PRODUCTION OF 49,300 BOE/D, UP 26 PERCENT
* Q4 SALES VOLUMES, EXCLUDING PURCHASED OIL, AVERAGED 52,161 BOE/D
* EXPECT Q1 2019 AVERAGE PRODUCTION TO BE AT LEAST 51,000 BOE/D AND Q2 2019 AVERAGE PRODUCTION TO EXCEED 52,000 BOE/D
* QTRLY EARNINGS PER SHARE $0.35