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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 SwissInvestoron Jan 18, 2010 7:15am
493 Views
Post# 16689541

RE: We are trough 200ms

RE: We are trough 200msGreat news! This stock would run like crazy if the hole with the lowest ip -anomaly hits even just 30-50m of gold and the hole ends in mineralization. The expanded 5000m drilling program will dril this holes than up to 500m deep imo. That's the strategy. I have to repeat. This week will be very interesting. I just recommended this stock to some friends and hope for a weak first half hour of trading to let them pick up some shares (of course not millions of shares, they are no big investors...just a few thousands). Big speculation will kick in when we start drilling the 3 holes with strong ip-anomaly. So every dip is a strong buy here.
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