May 8 (Reuters) - Pine Cliff Energy Ltd PNE.TO :
* ANNOUNCES FIRST QUARTER 2018 RESULTS
* QTRLY PRODUCTION AVERAGED 20,008 BOE/D (94% NATURAL GAS) IN Q1 OF 2018
* GENERATED $29.7 MILLION OF OIL AND GAS SALES IN QUARTER, 8% HIGHER THAN $27.4 MILLION GENERATED FOR THREE MONTHS ENDED DECEMBER 31, 2017
* QTRLY AFFO EARNINGS PER SHARE $0.02
* QTRLY LOSS PER SHARE OF $0.05