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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
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Comment by martin81on Jul 11, 2009 8:04pm
277 Views
Post# 16131917

RE: Bonus shares. hmm..

RE: Bonus shares. hmm..It looks like the bonus shares were valued at 14 cents....around the same price we bottomed out at.  Coincidence?  Hopefully we see a steady rise in the SP as the anticipation of drilling grows.  Confirmed high grade gold on a property 600 meters from the ARU deposit is something to be excited about.      

"The company has agreed to pay a loan bonus of 20 per cent in shares"
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities