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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 jvtayon Mar 19, 2010 3:04pm
293 Views
Post# 16904224

RE: RE: RE: RE: Halt maybe this Monday/Tuesday

RE: RE: RE: RE: Halt maybe this Monday/TuesdayGood post and I agree, guid...we could have a significant drop if the market isn't "impressed" with initial results, b/c there are undoubtedly those in for the shortterm gain/game only.  But that's a good reason to have some lower stinkbids in...just in case.  

On the other hand, I wouldn't be surprised if there is considerable gold found in our second hole with the geology they gave us.   And I know the geology doesn't assure the finding of gold, but it sure is associated with it and IMO gives us a decent likelihood that it does.  Proof's in the pudding.

Either way...even for those playing this on the shortterm, holding long with as many shares as possilbe IMO is where the big $$$ will be found...jt

$^)

PS...no hard feelings...not much use for longs beating each other up on these boards.   But I do have a couple nice pairs of boxing gloves if you'd like to meet me in some neutral territory...or full-bore ultimate if you prefer...'-)    And BTW...all us guys have testosterone, but what separates a real man from a punk is that the real man knows how to control his testosterone...just a thot...not an accusation.  Wish you nothing but good fortune....
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