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

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Comment by deanthebeanon Mar 15, 2010 5:48pm

457 Views

Post# 16885032

RE: MISC UPDATE

Hi Pete

Thanks for sharing that info. I agree that the purchasers are likely optimistic about Condor, but the question remains as to whether or not they are able to get the financing. I guess we'll find out soon enough. Also, the delays in Brasil permit do not surprise me.
Lets keep our fingers crossed for some news soon so that we can have some new info to discuss on this board; posts are getting stale in general.

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