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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Post by Nikolaion Jul 23, 2009 8:54pm

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Post# 16162120

Rock Bottom Report

They've been covering Ecometals since June and added a few updates July 15 and July 23.

The 15th is mostly on target except for the part about having received their drilling permit. At that point EC already received confirmation from the Minister of Mines and Petroleum that its concessions in Ecuador are in good standing, but the drilling permit had not been received.

https://www.rockbottomreport.com/2009/07/ecometals-ectsxv-being-accumulated/

Today's brief update on RBR's home page says they're accumulating on any dips and mentions EC is awaiting drilling permit.

https://www.rockbottomreport.com/

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