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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 Greenstakeon Jan 11, 2010 3:51pm
336 Views
Post# 16665374

RE: My BNN Email....

RE: My BNN Email....

Good Afternoon and Happy New Year John

 

Manyexperts have touted junior exploration plays with the potential forhigh grade gold discoveries to be the hottest and most volatile ticketin the gold bull market today.

Areyou familiar with the Ecometals limited story (formerly Goldmaricaltd)? They are a South American Gold focused exploration company. EChas just begun an initial drill program on a never before drilledpotential high grade bonanza deposit. This potential deposit is only1000 meters away from the Kinross Gold’s FDN deposit and geologysuggest that EC shares the FDN deposit with Kinross.


Whena company is this close to a significant and under explored deposit.Would you consider them an area play, or would you go to the extent tosay they may share the deposit with Kinross Gold?


After what happened to the share price of ARU on the discovery of FDN...Is EC on your radar?


WAY TOO WORDY - 2, 3 lines if you want it on air.

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