Dec 17 (Reuters) - Canacol Energy Ltd CNE.TO :
* CANACOL ENERGY LTD. PROVIDES 2020 GUIDANCE
* CANACOL ENERGY LTD SAYS 2020 CAPITAL BUDGET IS US$114 MILLION WHICH WILL BE FULLY FUNDED FROM EXISTING CASH AND 2020 CASH FLOW
* CANACOL ENERGY LTD SAYS 2020 EBITDA FORECAST TO BE APPROXIMATELY US$265 MILLION
* CANACOL ENERGY LTD - FORECAST GAS SALES, WHICH INCLUDE DOWNTIME, ANTICIPATED TO AVERAGE 205 MMSCFPD FOR 2020 AT AN AVERAGE WELLHEAD PRICE OF $4.80/MCF
* CANACOL ENERGY LTD - WELLHEAD NETBACK, AFTER OPEX AND ROYALTIES, IS ANTICIPATED TO AVERAGE APPROXIMATELY $3.80/MCF IN 2020
* CANACOL ENERGY LTD - SEES 2020 TOTAL CAPITAL EXPENDITURES US$ 114 MILLION