Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 donny2on Dec 01, 2009 7:20pm
326 Views
Post# 16542833

RE: Curious

RE: CuriousKappa: For those of us long term holders, your frustration with Ecuador is understandable...but nothing compared to what we feel. When Rafael Correa was elected president, he declared the mining laws of the country unfair to the people, and lacking environmental protections. He also ran into fierce "anti-mining" opposition by NGO's. As a PhD in economics, he understood the value of mining, but politically, the need to undertake it in a politically satisfying manner. That accounts for the delay. The new mining law did approve many mining claims, and protect the environment. But- there is no single website providing any comprehensive info. The battle with the NGO opposition continues. We have come a long way from the dark days of the initial halt to all mining activity (which resulted in the fire sale of Aurelian) to today. Be content that there is light at the end of the tunnel
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse