Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas Integrated

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

Ecopetrol ADR Representing 20 Ord Shs

Bullboard Posts

Post by Import1on Sep 23, 2009 1:31pm

175 Views

Post# 16331906

We've got the goods...

We just need to prove them up, with Kinross drilling next door, and EC getting ready for their albeit smaller, but still significant drill program this stock should rise in anticipation, many news releases to come:

- Community Awareness
- Mobilization
- Drilling Start
- Assays [Both K & EC]).

Good results and this thing could begin to mimic the Aurelian adjusted for shares outstanding of course. IMO good/similar results will put us well above the $1.00.

This is still in the early stages, it has dropped back in the .50's again since the spike, good entry here IMO.

GTLAL

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