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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

Post by fireintheholeon Feb 10, 2010 4:16pm
198 Views
Post# 16772563

stateside: The current BC government...

stateside: The current BC government...That's because they are bi-polar. At first they were pro-business and further right than the Social Credit, the they came more to the center, now they are catering a little more to the left and the greens. They swing in the air like a flag and move whichever the wind blows.

Depending on what time frame you want to get something done,  they are either pro-mining or anti-mining, pro-fish farms or anti-fish farms, pro-run of river hydro projects or anti-run of river projects. I've watched them do a complete turn about a number of times over the last nine years or so. Talk about a difficult place to plan anything large such as a mining operation.!
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