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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

Post by Nikolaion Sep 10, 2009 10:11pm
271 Views
Post# 16295804

Lights are flipping to green.

Lights are flipping to green.We're seeing and hearing the right signals.  Ecometals updated Sept. presentation is still on track for drilling this month and the Kinross interview at EMN is informative.  No doubt the press will chime in heavier in the next few days.

As Thresh mentioned earlier today…They also told me that the govt is actually starting to promote the social activities of the mining companies that are active in Ecuador. Apparently it is important to the government that they start off on the right foot with the communities close to the operations that are restarting after the long hiatus.

And that’s exactly what we see reported in La Hora today (Quito, Ecuador).  There was a significant meeting in Zamora with gov’t and locals, paving the way for drilling, etc:

Mining industry marked dialogue politico

10 September 2009

Department socialized waybill of the National Government.  Mayors expect more socializations. 

Zamora, The Hour

A meeting with the mayors of the province in which topics around the mining industry they will be analyzed and the demands that present the communities, marked the first meeting of the Public Counsel of the Coordinating Department of the Politics, that is carried out in the province.  Headlines by Ricardo Patiño, holder of this Accounts receivable of State, next to few main ministers they arrived near the 08:30 from yesterday to the Social Parlor of the Club of Classes and police officers "The Paradise".  Behind closed doors, the governmental spokespersons listened the approaches of the provincial authorities.  Near the 11:00 they began to arrive some mayors, among them Smilcar Rodriguez, of Zamora, and Luis Porthole, of The Pangui.

 The authority affirmed that the recent meeting arises like initiative of some mayors of the province to undertake referring themes to highway administration, agriculture, health, and above all the importance of the mining theme.  "It is very important to treat it directly with the authorities to explain the waybill that is respected for Zamora", mentioned, assuring that tries to treat the things directly with the population.  In the afternoon, the Ministers maintained a meeting with the provincial prefect, Savior Quishpe, who declared its satisfaction that be done serious and respectful with the national government with respect to the mining theme.

 It asserted that the same one that will permit to find the adequate road for the development of the province.  "Not to satisfy interests or ideas of the prefect, but for locate mechanism for direct the mining task of the country", rebranded. 

According to the vice minister of Mines, José Mountain, during the day a general information was exposed and detailed of the continued process for the mining exploration in Zamora Chinchipe, emphasizing possible so much agreements with mayors as with prefect.  The burgomeister of The Pangui, Luis Porthole, wait that the Minister of the branch, Germanic I Paint, respond to this locality to socialize the Mining Law, like zone of influence of one the largest deposits of copper in the country. 

Modest fertile plain, president of the Consortium of Amazon city Halls, indicated that emphasis on the need was done that itself is not affected the Law 010 in the new Law of Territoriality that will approve the National Assembly, where the movement pro-government COUNTRY has a current majority. 

Meeting present Authorities -Doris Soliz, Secretary of the Towns and Civic Participation -Jorge Sworn, National Secretary of the Water -José

Mountain, vice minister of Mines -Mark it Towers, regional undersecretary of the National Office of the secretary of Planning and Development. 

-END-

 

https://www.lahora.com.ec/frontEnd/main.php?idSeccion=929852

Minería marcó diálogo politico

10 de Septiembre de 2009

 

Ministerio socializó hoja de ruta del Gobierno Nacional. Alcaldes esperan más socializaciones.

Zamora, La Hora

Una reunión con los alcaldes de la provincia en la que se analizarán tópicos en torno a la minería y las demandas que plantean las comunidades, marcó la primera reunión del Consejo Público del Ministerio Coordinador de la Política, que se realiza en la provincia.
Encabezados por Ricardo Patiño, titular de esta Cartera de Estado, junto a pocos ministros principales llegaron cerca de las 08:30 de ayer al Salón Social del Club de Clases y Policías "El Paraíso".
A puerta cerrada, los personeros gubernamentales escucharon los planteamientos de las autoridades provinciales. Cerca de las 11:00 empezaron a arribar algunos alcaldes, entre ellos Smilcar Rodríguez, de Zamora, y Luis Portilla, de El Pangui.

La autoridad afirmó que la reunión reciente surge como iniciativa de algunos alcaldes de la provincia para abordar temas referentes a vialidad, agricultura, salud, y sobre todo la importancia del tema minero.
"Es muy importante tratarlo directamente con las autoridades para explicar la hoja de ruta que es considerada para Zamora", acotó, asegurando que intenta tratar las cosas directamente con la población.
En la tarde, los Ministros mantuvieron una reunión  con el prefecto provincial, Salvador Quishpe, quien manifestó su satisfacción de que se haga efectivo el dialogo serio y respetuoso con el gobierno nacional respecto al tema minero.


Aseveró que el mismo que permitirá  encontrar el camino adecuado para  el desarrollo de la provincia. "No para  satisfacer intereses o ideas del prefecto, sino para ubicar mecanismo para  encaminar el quehacer minero del país", remarcó.

Según el viceministro de Minas, José Serrano, durante la jornada se expuso una información general y detallada del proceso seguido para la exploración minera en Zamora Chinchipe, destacando posibles acuerdos tanto con alcaldes como con prefecto.
El burgomaestre de El Pangui, Luis Portilla, espera que el Ministro del ramo, Germánico Pinto, acuda a esta localidad para socializar la Ley Minera, como zona de influencia de uno los más grandes yacimientos de cobre en el país.


Modesto Vega, presidente del Consorcio de Municipalidades Amazónicas, indicó que se hizo hincapié sobre la necesidad de que no se afecta la Ley 010 en la nueva Ley de Territorialidad que aprobará la Asamblea Nacional, donde el movimiento oficialista PAÍS tiene una coyuntural mayoría.

Reunión

Autoridades presentes
-Doris Soliz, Secretaria de los Pueblos y Participación Ciudadana
-Jorge Jurado, Secretario Nacional del Agua
-José Serrano, viceministro de Minas
-Marcelo Torres, subsecretario regional de la Secretaría Nacional de Planificación y Desarrollo.

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