Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 May 18, 2009 9:27pm
238 Views
Post# 16000155

RE: Andrew Robertson

RE: Andrew RobertsonHello Marco,
If I follow the gist of what you are saying, we've still been severely disenfranchised by this transaction.  There is still over one month to wait for any potential drilling at Rio Zarza and the decision makers had EVERY REASON to believe Braemore would be flying by now, which it is.   We've been fleeced, period.

Also note Ecometals is now fully exposed to the political/economic cesspool that is Ecuador.  The Braemore projects are well advanced, damn near risk free and they're making money in South Africa with platinum/pgm sales. There is Blue Sky potential with ZA consolidation and pending 'Go' decision by BHP.  Good grief, it would have been only $400k  to retain the BRR upside and risk avoidance.  What would Alan Shore have to say about this?
Bullboard Posts