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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Comment by JohnRBon Jan 13, 2010 2:41pm

385 Views

Post# 16674644

RE: Heads up on EMC.WT

Why would these be trading at .02 cents if excercise is .65?? and note the 30 day expiry..

Each Warrant entitles the holder to purchase one common share of theCompany at a price of CDN
.65 for a 24 month period, subject to thefollowing acceleration rights. If at any time prior to the expiry dateof the Warrants, the closing price of the Company's common shares isabove CDN
.90 per share for 20 or more consecutive trading days, theCompany may give notice accelerating the expiry date of the Warrants to30 days following the date of such notice.

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