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 admantine69on Feb 12, 2010 11:47am

532 Views

Post# 16780398

Last Week in February

EC has made this week very important for itself. Intentional?
Because:

1.The last NR stated the closing of Condor will be before Feb28.
2.The first hole analysis (on the website) stated results will be recieved in 3weeks from the lab and this falls in this final Feb week.
3.They are drilling the next hole so there could be a NR for this result.

Is this the plan? The result of all 3 will be detrimental to the share price.

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