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 ghislanderon Jan 27, 2010 1:27pm

229 Views

Post# 16724441

RE: Last news for today (that you Never see on thi

This is old stuff and a lot of noise made by some unreliable parties in Brazil;don't panic,EC has been dealing with it
and are still dealing with it.EC doesn't play the corruption game,just speak to management and they will
tell you how complex this is.Nothing to worry about,the"usual" South American situations one has to deal with.
Hey you're not mining in Nevada...

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