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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 SwissInvestoron Feb 15, 2010 5:07pm
520 Views
Post# 16786153

My bet is

My bet isthat we will be trading at least at 0,80 Can$ at the end of the week.
Perhaps tuesday and wednesday will be boring...but watch out for the end of the week...with hole 2 hitting the sweet zone next week,  anticipation will build this week. That's why the bashers were so active the last days on this board. Perhaps the last opportunity to pick up shares under 0,70. We'll see...would be sweet to see the 0,65 stopps getting hit (doesn't matter for long investors...drill results will make this company or not...all this games before the drilling program is completed are for pumpers and bashers) but i don't think that they will, because there are to many who want to get in right now. But if they do...I'll be right there waiting for the shares.
You just need to knot that gold in hole 5 will make the stockprice gap up huge. I placed my bet. Always good to have the chance to communicate with lima. Will be back by the weekend. Businnes calling. Have a nive week.
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