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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 pointviewon Feb 01, 2010 3:05pm
264 Views
Post# 16740690

RE: RE: delay in sale

RE: RE: delay in salegood question, but as i said, not happy with the proposed sale of condor and i'm not in for the fast buck. i'm in since the 20's, but a great part beeing the results on condor and the upside on it after the mining issues were resolved. IMO, they delayed the sale  because they haven't found what they were looking for at RZ, but I could be wrong. lots of drilling done on RZ and sure no visuals, again, just my opinion. had this many times and FDN doesn't happen very often. Market always talks. and ....... walks. I hope they find another FDN, but I'm just cautious, cheers, pointview
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