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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 11:53am
318 Views
Post# 16969938

RE: RE: RE: First 2 holes

RE: RE: RE: First 2 holesi do not, nor did iever think there is something nefarious or wasteful about the present management of EC. i've never said that. they are who they are, a junior minig company on the VSE.....that says it all....they are drilling in a high risk scenario, with low odds, and we all know it...... just because I think they were too shallow, means nothing....the spots they chose could have hit, they didn't lets move on.....try closer and deeper.....makes sense, now in hindsight. my ONLY beef has been dealing with alpaca in a non recourse stranglehold position, rather than letting them off the hook 3 times....THATS my only beef, otherwise its all been exciting, to me..
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