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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

Post by Fragmanon May 07, 2010 8:45am
451 Views
Post# 17073407

Beamin is spot on

Beamin is spot on

EC put all their cashflow eggs in the Condor nest.  We all know what is happening on that front.   If Condor does not go thru we get a whopping $100,000.00 fee.   Excuse me while I expel some air.

If manganese is held up for another 9 months by Brazil............and we all know how long this soap opera has been playing out.

If EC hits anything they will need huge cash to further drilling. ......and we all know how much that costs.

And you dumb asses think EC will not need cash.................give your stupid heads a shake.

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