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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Comment by GOLD6on Aug 18, 2009 2:14pm
261 Views
Post# 16228251

Don't want to miss the next ARU

Don't want to miss the next ARU

EC's potential is higher than most other juniors due to the fact that gold is known to exist at RIO ZARZA and many artisan miners (informals) are making a living off the ounces they can dig out by hand at or near the surface.

Ongoing sampling by the company has consistently yielded high grade results many times the grade necess
ary to be mined economically.



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