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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 pogon Apr 14, 2010 1:36pm
365 Views
Post# 16991060

RE: The heart of the matter

RE: The heart of the matterIf you do some dd on FDN you will see the gold is cut off by the west fault and the news suggests the next target at Zarza is an ip anomoly hanging from the fault wall. Interesting. I'm going to wait for that. The rest of the companies assets are worth more than the current sp. ----------Original Message Posted 4/14/2010 1:12:45 PM---------- The next drill hole considers all the factors controlling mineralization learnedfrom the previous drill holes, and displayed by RZDDH10-01,and in addition isplanned to intersect an interpreted fault zone which offsets the Hollin andSuarez Formations, and a strong IP anomaly in the hanging wall of the faultwhich indicates concentration of sulphide mineralization within the mineralizedelevation range.

The 5th hole is expected to have Misahualli and istargeting a zone where there is an IP anomaly and a good potential of a faultstructure

This is what I am excited to see .... they are finally with an understanding of the geology and are targeting a new IP where they hope to find the fault where the epithermal fluids flowed up from and deposited the gold.

"Game On"







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