May 1 (Reuters) - Pengrowth Energy Corp PGF.TO :
* PENGROWTH ANNOUNCES FIRST QUARTER 2018 RESULTS, SETTING THE STAGE FOR DOUBLE-DIGIT PRODUCTION GROWTH IN 2018
* Q1 LOSS PER SHARE C$0.05
* 2018 CAPITAL EXPENDITURE BUDGET OF $65 MILLION IS UNCHANGED
* 2018 BUDGET IS EXPECTED TO GENERATE AVERAGE ANNUAL PRODUCTION OF 22,500 TO 23,500 BOE PER DAY
* SEES 2018 EXIT RATE OF APPROXIMATELY 24,000 BOE PER DAY
* PENGROWTH ACHIEVED Q1 AVERAGE DAILY PRODUCTION OF 19,541 BOE PER DAY