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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 PP_CCon Jul 08, 2009 3:17pm
298 Views
Post# 16125351

THE discovery of the decade? Aurelian

THE discovery of the decade? Aurelian

 The Company expects to generate the necessary funding to

the end of fiscal 2009 through a combination of the sale of the manganese stockpile at Port Santana,

sale of surplus

equipment and recovery of amounts due from Atomaer.


As at February 16, 2009, there were 48,298,084 common shares issued, 8,012,000 stock options outstanding with

exercise prices ranging from $0.35 to $3.25 per share and 3,191,138 warrants outstanding with exercise prices ranging

from $2.50 to $3.75 per share.

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