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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 Nikolaion Jan 04, 2011 7:27pm
363 Views
Post# 17924846

OT: Ecuador, CGP authorized to drill

OT: Ecuador, CGP authorized to drillMore drills turning in Ecuador is a good thing...


Full NR: https://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8004373

Cornerstone Authorized to Recommence Exploration at Flagship Shyri Property in Ecuador
Cornerstone Capital Resources Inc CGP
1/4/2011 8:00:01 AM
MOUNT PEARL, NEWFOUNDLAND, Jan 4, 2011 (Marketwire via COMTEX News Network) --

Cornerstone Capital Resources Inc. (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today that the Company has been authorized by the Ministry of Non-Renewable Natural Resources - Ministerio de Recursos Naturales No Renovables (MRNNR) to restart all exploration activities, including diamond drilling, in Loma Quinuas and Aguarongos, two of its three wholly-owned Gama prospect concessions in Ecuador. Additionally the Company reports that, in accordance with the new mining law and applicable regulations, it has been granted title to these mining concessions for 25 years from the date of issue, with options to renew for additional periods of 25 years.

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