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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 megatronzon Apr 08, 2010 11:19am
370 Views
Post# 16969732

RE: First 2 holes

RE: First 2 holesi know no one here will believe this, but when they started releasing the drill concepts, and predicted depths, i knew it would be way too shallow, from thier position, as i had gone over the ARU stuff a lot, and the other geological information available from other sources.....i think, THINK, they are onto the right idea NOW, and will need at least a few more holes to touch the area in question......they have to go a lot deeper, essentially.....the information they obtained in the first holes is useful, to know what NOT to do, so in a way it was productive.....but since i'm on ignore no one will see this anyway.....
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