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 pogon Dec 23, 2010 4:03pm

135 Views

Post# 17890203

RE: Re Drill depth

Exactly - the drill they are using has a certain size of motor hence the ability to only drill to 600m (stated capacity)and then due to the limits of the motor they reduce the core size and drag on the motor to drill deeper. The information is from the Ecometals website. Not from me ----------Original Message Posted 12/23/2010 3:29:36 PM---------- Deeper drilling requires a BQ core.The NQ core has a range of 0 - 610m and the BQ gives a further 300m.

What in the f*ck are you on about? Has nothing to do with ID/OD, son; has to do with the motor driving it, ok?

I've seen NQ taken down to 1600m and beyond.

Thanks for playing.

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