Feb 12 (Reuters) - Pine Cliff Energy Ltd PNE.TO :
* ANNOUNCES 2018 GUIDANCE, COMMODITY RISK MANAGEMENT AND 2017 YEAR-END RESERVES
* BOARD OF DIRECTORS HAS APPROVED A 2018 CAPITAL BUDGET OF $10.4 MILLION
* PINE CLIFF IS BUDGETING 2018 ANNUAL PRODUCTION VOLUMES TO RANGE FROM 20,000 - 20,500 BOE PER DAY
* PINE CLIFF EXITED 2017 WITH PRODUCTION OF APPROXIMATELY 21,340 BOE PER DAY