Dec 21 (Reuters) - Canacol Energy Ltd:
* CANACOL ENERGY LTD - 2018 CAPITAL BUDGET IS US$ 80 MILLION, WHICH WILL BE FULLY FUNDED FROM EXISTING CASH AND 2018 CASH FLOW
* CANACOL ENERGY LTD - CONTRACTED A SINGLE DRILLING RIG WHICH IT INTENDS TO USE TO EXECUTE ITS EXPLORATION AND DEVELOPMENT DRILLING PROGRAM IN 2018
* CANACOL ENERGY LTD - OIL SALES ARE EXPECTED TO AVERAGE APPROXIMATELY 1,700 BARRELS OF OIL PER DAY FOR CALENDAR 2018 Source text for Eikon: Further company coverage: