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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 jake10on Jan 11, 2011 4:09pm
292 Views
Post# 17955945

I doubt it

I doubt itNot without news.  These guys have had the stream results of RZ for a long, long time.  And they finally figured out they need to find the source rock?????   Duh, I ask you, uR they office rats w/no field exp or what?  They did Kinross's work by drilling where they did and didn't get a thing in return.  Now Kinross knows how far it extends in our direction and they got it for free.  They probably helped pick the drill locations.  It all SPEAKS for itself don't u think?  That's why changes had to be made.

U ever stop to think how much these guys could have made off of Condor with a small investment and in a very short time frame?
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