Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas E&P

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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Post by Stokmineron Mar 31, 2011 4:46pm

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Post# 18369590

Triple or quad by summer??

Once the Mn asset is sold EC will have mucho cash to make "swiss cheese" out of Rio Zarza. All indications are that the shallow veins contain gold and the deep hole speculation will push this stock along. The cash sale alone from Condor and Sdn make this easily worth .50c a share and we should see advancement on that shortly. If the shallow veins show any significant gold in May this could have long legs. I'm hearing some big eyes following EC right now, always nice to know.

Miner

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