* Adj EPS $0.08 vs est $0.05
* Revenue up 76 pct to $32.6 mln
* Sees higher production in Q2
* Shares up 5 pct
April 29 (Reuters) - Brigham Exploration Co BEXP.O reported better-than-expected quarterly results on strong production and higher average realized prices, sending its shares up 5 percent in after-hours trading.
The oil and natural gas explorer also forecast sequentially higher production in the second quarter.
Brigham expects second-quarter daily production volumes of 6,200 barrels of crude oil equivalent per day (boepd) to 6,800 boepd, up from first-quarter levels of 5,420 boepd.
For the latest first quarter, the company earned $11.3 million, or 11 cents a share, compared with a net loss of $119.1 million, or $2.60 a share, a year ago.
Revenue rose 76 percent to $32.6 million.
Excluding items, the company earned 8 cents a share.
Average daily production volumes for the first quarter were up 1 percent year-over-year, and 7 percent sequentially. Average realized prices for crude oil were up over 75 percent at $72.39 per barrel.
Analysts were expecting earnings of 5 cents a share on revenue of $26.91 million, according to Thomson Reuters I/B/E/S.
Shares of the company were up 5 percent at $20.30 in after-market trade. The stock, which has risen ten-fold in the past year, closed at $19.40 Thursday on Nasdaq. (Reporting by Vinay Sarawagi in Bangalore; Editing by Ratul Ray Chaudhuri)