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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 guidon Jul 14, 2009 1:49pm
187 Views
Post# 16136432

RE: Fruta Del Norte Project

RE: Fruta Del Norte ProjectYou didn't bold the most important piece of information:

- Additional drilling is also needed in an attempt to locate the faulted-off western portion of the deposit, an interpretation that has gained further support from the recent exploration results.

That makes a good case for the work EC is doing, as such a "faulted-off" western portion would basically confirm what EC knows.

See EC's info here: https://www.ecometalslimited.com/projects/rioZarza.html (page 3 and page 8)

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