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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 molark99on Dec 25, 2009 6:58pm
653 Views
Post# 16619126

RE: KEITH ROBERT HULLEY

RE: KEITH ROBERT HULLEYAwesome post Beam. I was just doing some DD on AUM a couple weeks ago, didnt know or see Hulley mentioned anywhere. I knew he was involved with GBU. The man is/was clearly in the top of his field, and doesnt seem to get mixed up in losing propositions based on his impressive history. He may have had any number of reasons for selling a small percentage of his shares, it doesnt worry me in the least. I dont see any other mgmt selling.

A little background on the man for those too lazy to look it up...

https://www.redorbit.com/news/business/1088039/goldmarca_shareholders_propose_name_change_to_ecometals/index.html


https://www.zoominfo.com/people/Hulley_Keith_2639578.aspx


Being the holidays, i have a lot of time to think about things and I also was thinking about the acceleration of the warrents. I naturally thought they would use this added capital to drill further on RZ, but you bring up an intersting point about Brazil. If they get Brazil going smoothly that would be more than enough cash to do all the drilling on RZ. Either way I have a feeling EC's money issues are going to be a thing of the past very soon.

Hope everyone had a great xmas, still 3 days to relax and drink pops !!!

PS: btw, etiennesteve is a basher people, dont listen to him. I have seen him bashing many boards, check his history if you dont believe me.
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