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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 guidon Feb 25, 2010 1:23pm
328 Views
Post# 16820073

RE: RE: RE: New HOD momentum picking up...

RE: RE: RE: New HOD momentum picking up..."Galway releases some very respectable assays and can barely get up pennies (infact retraced it's high)."

That is because they're channel samples my friend... the numbers they're spitting out are just a nugget effect I would expect...

Would you suggest that if you pan one kilogram of rock out of a river and find yourself with one gram of gold, that your entire river grades 35 oz/tonne (in theory) and everyone should buy in?

I think not... and i'm not suprised they haven't made a move.
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