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 Stkdlron Feb 23, 2011 9:43am

269 Views

Post# 18179079

RE: More info from the news release

"Rio Zarza project geology map showing anomalous gold in trenches, and outcrop of felsic porphyry
west of the Misahuallí-Suarez Basin, which is probably related to the causative intrusion for the
mineralizing hydrothermal system"

Porphyry outcropping is a good indicator especially on the west side of the Misahualli-Suarez basin based on information to date. The potential for a gold discovery is very good.

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