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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 Frelodron Jan 17, 2010 12:27pm
385 Views
Post# 16688306

RE: Spoke with Mr. Major

RE: Spoke with Mr. MajorHappy playoff football day folks,
I'm writing this in response to those who are hopeing/expecting great gold results on this first to be drilled hole.

I just wonder how much we should read into the statement that was posted by DreaminJim on what Mr. Major stated.
 but he said that with the first hole they weren't expecting to find a good deposit, but rather more info as to how to continue forward.

My thoughts are that this first drill tells them which way NOT to go. Kinda like boxing in a target.

What do all you posters think the reason for that statement was?

Talk soon, LODR
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