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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 Nikolaion Mar 24, 2009 8:29am
252 Views
Post# 15865165

RE: RE: If i would be sure

RE: RE: If i would be sureLou, have a look at the coporate goals for 2009 on the revised website. It seems the goals are in this order for a reason and Rio Zarza is at the end. Ecuador is perhaps going slow because of its elections in April, but they do seem to be playing it both ways and causing unnecessary delay.


https://www.ecometalslimited.com/

For the 2009 calendar year the company has set out the following as its key corporate goals:

  • Sale of the manganese ore stockpile situated at the Anglo Ferrous Port in Santana
  • Commercialization of the manganese oxide ore stockpiles situated at Serra do Navio through their beneficiation, production and profitable sale of products
  • Drilling on the Matapi iron project as an estimate of the potential economic scale
  • Development of the commercial decision for Condor Gold project
  • Completion of a drilling program at Rio Zarza to explore for extensions of the “Fruta del Norte” gold mineralization
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