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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

Post by thunder12on Dec 17, 2009 11:19am
340 Views
Post# 16597114

GOOD FLUSH

GOOD FLUSHis right and the americans are doing a wonderful job at keeping the gold price down but remember one thing, gold was 1100.00 on november 1st. Somehow they will have to pay all that debt off and that will create inflation and ultimately the price of gold will increase to these levels all the so called experts are calling for and we will be right in the middle of the drilling at ecometals. Drilling to start mid-december is all we have to worry about and with the right result up we go.
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