March 5 (Reuters) - Raging River Exploration Inc RRX.TO :
* RAGING RIVER EXPLORATION INC. INITIATES PROCESS TO REVIEWSTRATEGIC REPOSITIONING, ANNOUNCES FOURTH QUARTER AND YEAR END2017 OPERATING AND FINANCIAL RESULTS AND PROVIDES OPERATIONSUPDATE
* RAGING RIVER EXPLORATION SAYS "BELIEVES THAT CURRENTTRADINGPRICE OF ITS COMMON SHARES DOES NOT ADEQUATELY REFLECTUNDERLYING VALUE OF COMPANY"
* RAGING RIVER EXPLORATION - TO IDENTIFY AND CONSIDER RANGEOFSTRATEGIC ALTERNATIVES, INCLUDING A MERGER, CORPORATE SALE,CORPORATE RESTRUCTURING
* RAGING RIVER EXPLORATION - BOARD APPOINTED INDEPENDENTCOMMITTEE, CHAIRED BY INDEPENDENT DIRECTOR KEVIN OLSON, TOFACILITATE & LEAD STRATEGIC REVIEW
* RAGING RIVER EXPLORATION INC - QTRLY FFO WAS $0.36 PERBASICSHARE
* RAGING RIVER EXPLORATION - GMP FIRSTENERGY HAS BEENENGAGED ASEXCLUSIVE FINANCIAL ADVISOR TO CO IN CONNECTION WITH REVIEW
* RAGING RIVER EXPLORATION INC - QTRLY AVERAGE PRODUCTION OF23,676 BOE/D, UP 16%
* RAGING RIVER EXPLORATION INC - ANTICIPATE Q1 2018PRODUCTION TOAVERAGE 23,500 TO 24,000 BOE/D
* RAGING RIVER EXPLORATION INC - ANTICIPATE Q1 2018 CAPITALSPENDING TO BE APPROXIMATELY $110 MILLION TO $115 MILLION
* RAGING RIVER EXPLORATION INC - 2018 AVERAGE PRODUCTIONGUIDANCEOF 24,500 BOE/D REMAINS INTACT