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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 tradeadayon Sep 20, 2011 10:31am
270 Views
Post# 19061118

RE: RE: The silver content/assays

RE: RE: The silver content/assays Agreed Donny. I never expected anything from the the shallow drilling. Previous NRs clearly stated the shallow holes were a sampling technique, and should not even have been labelled as "drilling" per se.I wish they would have given some lab results on the outcrop mineralization they discovered to get some idea of the extent of the upward epithermal flows from the deeper source.And volume of 350K yesterday? That's ridiculously low. People are holding tight here, as can be seen from the recovery in SP as I type.
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