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

Bullboard Posts

Comment by Ironmask1on Jul 30, 2009 11:28am

119 Views

Post# 16178518

RE: New sedar filing released

Swissinvestor, Took a short look over it and noticed we had only about 220.000 $ Cash till the end of march.
Couldn't find any information how much money (net) we made on selling the stockpile.

The amount receivable is untill March2009. That's why it's not mentioned in the CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED MARCH 31, 2009 AND 2008.

I'm lucky my wife is a registered auditor. After she took a quick look she told me that there are no surprises.
And that means we are informed very well and we still think this is a screaming buy.
By the way I didn't had to pay her for the advice. The only bad thing is that I've got to invite her to go out shopping on Saturday :).

Glta

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