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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 SwissInvestoron Oct 29, 2010 12:38pm
663 Views
Post# 17631026

Interesting times

Interesting timesi am really looking forward to the shallow drilling. does somebody know how many holes will be drilled ?
i am not following this board every day...once in ten days perhaps.

i personally hope for some visible gold in the upcoming "small" holes. visible gold and the actual market condition would bring us back to 0,50 in 2 days and with some hype and other holes higher. just my personal speculation and not based on any facts. i am just looking forward to the next set of drill results. this story needs time and gets better and better (not the sp at the moment).
they did a good job with the last drilling and the information we got on the first 5000m. the only thing i am pi$$ed off is the wages the management get...they should be paid with options or get a share price based salary. they burn to much money.
all we need is visible gold ( i never was a fan of vg, but NOW i would really like to see this VG news with this market conditions and some hype).hype can bring a sp up to 1 dollar. don't underestimate the market.
We just need the news.
Have a nice weekend.
I still hold all my shares and accumulated the last week.
Cheers
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