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

Bullboard Posts

Comment by Fragmanon Apr 20, 2011 4:19pm

448 Views

Post# 18464084

RE: RE: RE: News & Share Price

It does not mean that. conditions precedent are met so the deposit has been given. Nobody has rights to use a deposit as they see fit. EC cannot use this money.......it is a deposit for a deal that may or may not go thru,
this is why nobody is too excited. All that is happened is Asia has bought the concept. Now they do their due diligence.

Bullboard Posts

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