April 26 (Reuters) - PrairieSky Royalty Ltd PSK.TO
* Prairiesky announces first quarter 2016 results and
initiation of a normal course issuer bid
* Q1 FFO per share $0.18
* Qtrly average production of 23,081 boe per day, 49%
liquids
* Intends to apply for and initiate ncib to repurchase up to
$40 million of shares (about $3.3 million per month) over next
12 months
* Qtrly revenues $ 48.9 million versus $ 54.4 million
* Intends to apply for and initiate a ncib to repurchase up
to $40 million of common shares over next 12 months
* Q1 FFO per share view c$0.19 -- Thomson Reuters I/B/E/S
* Q1 revenue view c$43.8 million -- Thomson Reuters I/B/E/S
Source text for Eikon: ID:nMKWX9p1ja
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