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 rickdiculous1on Aug 21, 2009 3:43pm

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Post# 16239178

START OF DRILLING

WHO WILL SELL WHEN THE PERMITS ARE ANNOUNCED? AND AT WHAT PRICE WOULD I EVEN CONSIDER PARTING WITH SHARES BECAUSE OF THE UP SIDE POTENTIAL? WHAT WILL THE SHARE PRICE GO TO WHEN THE NEWS COMES OUT AND NO SELLERS ARE IN SIGHT?
THE CORE SHACK IS BEING BUILT FOR A REASON, THESE LAST FINAL PERMITS ARE JUST A FORMALITY.

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