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.

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Ecopetrol ADR Representing 20 Ord Shs

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Post by Greenstakeon Feb 22, 2010 10:03am

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Post# 16806038

READ THE NR !!

encountered in excess of 50m intersection of a strong zone of mineralizationwith epithermal characteristics starting at 330m depth

THAT ISN'T EVEN INTO THE MISAHUALLI ZONE ! Looks like a revisit to hole # 1 once assays are out so they can drill beyond the 600 meter level.

WOW !! FINALLY COMFIRMATION THEY ENCOUNTERED SIGNIFICANT MINERALISATION.

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