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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 Inca1on Sep 27, 2009 8:01am
415 Views
Post# 16341757

RE: Contacts from Ecuador

RE: Contacts from EcuadorThat is true Correa is a Comunist no doubt about that
Capitano Scola is pulling your leg they will not have results til march forget the bulls·$%%&% scola runned down the company since the first day he walked through the door  they do not have the logistics to drill rio zarza neither the funds  , they are trying to sell Condor because they did not comply with the contract terms of going to production the share is going up due to the money that Scola inherited from the russian partner he needs to pull the share up to 50 cent s  private placement and probably the AGM
it looks nice when you go to  the map and sections but to drill rio zarza you need the right people and Scola fired all of them
what I would do is oblige Scola to describe how is he going to drill it  who are the equadorian people that are going to be on site what are the logistics to take a rig to the site  pure jungle

meanwhile he is getting around 40K a  month and Major more
Scola did it  in 2007 where are the results of around 17 drillholes never came out

forget this guy he has to go 

i think that I will buy some shares in jan but  at  10 cents
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