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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 SwissInvestoron Feb 22, 2011 7:01pm
275 Views
Post# 18176720

RE: Why did SP go down?

RE: Why did SP go down?i don't know which stock you follow but ec consolidated beautifully over the the last month (for you: 1month=4weeks) between 0.26 and 0,28 and the macd in the chart could create a buy signal every day now with coming back to the neutral zone at about 0,0.
I am finally more active here. vacations is a really good thing...and must be a sign from above tha on my first vacation day we get this news.

Bad bashing, dude.read my post today: if we won't close over 0,40 can$ by the first friday in march,  i will never post again on the ec board.

"The info released inthis news release will make the share price climb to 0,40 by the firstfriday in march.
This is my call. If wewon't hit 0,40Can$ by the first friday in march, i will never post againon the ec board. You have my word!


Handtrenching of IPchargeability at Rio Zarza resulted in gold
in soilattributed to underlying mineralized quartz-chlorite-sulphideveins.
  • Gold grain morphology and chemistry research study demonstrates alluvial gold in Rio Zarza is locally derived within the project area.
  • Alteration facies and paragenesis studies indicate widespread magmatic-hydrothermal alteration attributed to causative porphyry intrusion, overprinted by advanced argillic phase channelled along structural conduit
  • Planned shallow diamond drilling where thick cover precludes further surface trenching -- the company's own MD-2 portable diamond drill is close to completion of commissioning and mobilization.
  • Drilling campaign at Rio Zarza is planned in deeper part of Misahualli-Suarez ( you know in what depth former ARU intersected the high grade gold?) structural basin where thicker volcano-sedimentary pile dampens the hydrothermal system and cools to epithermal temperature more conducive to high-grade mineralization.

Rio Zarza goldproject, Ecuador

Trenching programme

Hand trenching of soilgeochemical and IP anomalies indicate probablesource of gold is related to sulphide-richquartz-chlorite veins anddisseminations hosted in Zamora batholithgranodiorite. The alterationhascharacteristics of a porphyry-type hydrothermal system, which couldberelated to the epithermal mineralization in theMisahualli-Suarezstructural basin."

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