Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas E&P

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

Ecopetrol ADR Representing 20 Ord Shs

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Comment by SwissInvestoron May 10, 2010 12:06pm

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Post# 17080937

RE: RE: 5 newbies in a row

Yes ghislander. as i stated a long time ago. i see ec as a long term invested and will stay here as long as i see upside potential based on rio zarza and/or valle de tigre. and i have time...the upside here is still huge and 10 $ are still possible in long term if we get brazil on track and there would not be furter dilution. I am hoping for brazil news and NOT selling condor. condor is a great property and those 1,8 mio OZ are worth a few times more than our actual market cap.

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