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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Energy Oil & Gas Integrated
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 petesky1on Jun 25, 2010 11:01am
277 Views
Post# 17221556

RE: Condor news update on website

RE: Condor news update on websiteA bit of a baby step but better than nothing. I'm sure most of us feel the same way at this point - lets just see a news release that the Condor sale is closed, or that it has fallen apart. These nr's that basically say "Alca would like to buy Condor for $9 mil and is trying" are getting old.

What is the price of gold at today compared to the timing of the initial offer (half a year ago)? I wonder if the purchase price of $9 mil will be revised if the price of gold really takes off.

Petesky.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities