Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas E&P

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

Bullboard Posts

Post by SwissInvestoron Feb 09, 2010 4:06pm

261 Views

Post# 16768309

Someone wants in

very fast while or before drilling hole number 2.
And just like i said: It is nice to see 1 big buyer...so rumours will not be far away of someone who "knows more".
The risk here at this price is not big because drilling hole number 2 will definitely bring big interest and there won't be a dip if we get only small numbers of gold from hole-5. Hole 5 confirmed geology similar to aru. Hole 2 will prove gold similar to aru.

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