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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 Nikolaion Oct 26, 2010 10:30pm
569 Views
Post# 17616360

Re: Kinross News .........

Re: Kinross News .........Geezer, the recent affirmation that Kinross intends to spend $500 million in Ecuador is welcome news, because K mentioned in late September they were reviewing all development projects in their portfolio.

“We will be looking at all of our capital projects, to decide which ones stack up and compete...what stands the IRR test,” Burt said. - https://www.miningweekly.com/article/kinross-may-consider-projects-for-sale-burt-2010-09-23

When you rub the two articles against each other, a reasonable inference is the FDN project in Ecuador passes their IRR test.

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