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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Energy Oil & Gas Integrated
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

Ecopetrol ADR Representing 20 Ord Shs
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Post by SwissInvestoron Jan 12, 2010 1:49pm
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Post# 16669431

Why EC will move faster than ARU

Why EC will move faster than ARUin the case that we hit those grades:
We don't need a financing for 18-24 months, so funds and big investors have to buy on the market. With those little numbers of shares outstanding EC will move faster to 10$ than ARU did, because ARU made a financing after drilling results. This story can be the real deal for the little man who wants a better lifestandard. Everything looks great right now. And in february we will know more.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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