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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 M139on Mar 31, 2012 7:09am
381 Views
Post# 19742722

RE: news ????

RE: news ????

Hmmm plans seem to be a little messed up aside from the ECC fiasco, why they ever agreed to this is beyond me and I had a feeling it was going to be a long drawn out drama, what has happened with the expected second (final?) tranche of the PP which they said would close in around March 21. I guess if they cannot start drilling due to funding they have not closed that yet either. Hopefully, everyone is getting their coffee and scones in the morning. Well, guess we wait until next month then...Yawn!

M

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