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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 djgton Jan 25, 2010 12:17am
282 Views
Post# 16713765

RE: RE: Oversold and ready to bounce...

RE: RE: Oversold and ready to bounce...Despite the comments of some on this board lately, I completely agree Thr3efold. TA definately is a useful TOOL to use when determing such things as entry points, exits and momentum. Junior company or not, TA can outline these basics. Unfortunately, most think that Technical Analysis is only about chart patterns, moving averages and so forth. There is no doubt that you can get into some "out there" conversations regarding TA but I think that if people look at the simple stuff it can be a useful TOOL.

Does anyone happen to know who owns the property due south of our IP anomolies? Is that Kinross' or someone else. Perhaps someone has access to a map that shows the land position for each company in the area. I'm looking for something like those Northern Miner type maps that they throw in their paper every now and then. If any one can direct me I would appreciate it. In addition to EC's fabulous upside and prospects, I have some other theories of my own that I am looking into before I share it with my readers.

Cheers,
djgt
aka Chris Weber

P.S. Email webersweb@northwestel.net to get your FREE copy of Weber's Web newsletter.
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