Feb 11 (Reuters) - International Petroleum Corp IPCO.TO :
* SEES 2020 CAPEX BUDGET OF $149 MILLION AND ITS 2020 PRODUCTION GUIDANCE OF BETWEEN 46,000 AND 50,000 BOEPD
* AVERAGE NET PRODUCTION OF APPROXIMATELY 47,200 BOEPD FOR Q4 OF 2019
* Q4 REVENUE $145.5 MILLION VERSUS $111.9 MILLION
* Q4 GROSS PROFIT $43.2 MILLION VERSUS $26.3 MILLION
* FORECAST OPERATING COSTS FOR 2020 TO BE USD 13.7 PER BOE