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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 Feb 12, 2010 5:31pm
361 Views
Post# 16782212

RE: RE: break away fault

RE: RE: break away faultI have 110% in this (including a credit). I guess it's my fortune...and i am just thankful somehow.... that me, so far away from canada found a canadian based stock exploring in ecuador 600m far away from the biggest gold discovery in the last 20 years....and had the chance because of the crisis (only crisis makes the biggest winner) to pick up shares. And still picking up more before the possibility of the biggest gold run since 35 years.
So call me crazy...if my money get burned by ec, i won't be to upset. I would risk it again if there is someday in the future a similar opportunity. At least i'll say " i took the chance and it didn't work out".  But if Ec makes out the way it should based on geology and all the technicals we have to date, i can lean back for the next 30 years...what am going to say in 30 years will possibily be "yes...i was crazy...and took the chance...and it worked out". But the fact then is: i wasn't crazy...it was predictable based on all the information we got.
So let's see.
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