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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Energy Oil & Gas Integrated
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

Ecopetrol ADR Representing 20 Ord Shs
Bullboard Posts
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(49)
•••
Comment by deanthebeanon Mar 04, 2010 10:13pm
330 Views
Post# 16845822

RE: RE: RE: RE: RE: RE: Condor Sale

RE: RE: RE: RE: RE: RE: Condor SaleYou are right.  I had intended to mention Brazil as well.  That source of funds may come on stream in 6-8 month timeframe.  That is my guess only.  Hopefully the permit will come soon and mobilization is quick in which case that will be a major boost to the Company.  It seems that there is alot of potentially good news imminent which is why I like this stock.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities