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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

Post by EDTV30on Nov 21, 2013 5:03pm
607 Views
Post# 21929144

message from Lamarque

message from Lamarque

We need to complete and pay for the audit in order to get trading restarted. Mid Dec looks a reasonable target. But everything is being driven by the date on which we receive our Environmental License. Without that, we are held up on everything.

 


Once we get SdN running smoothly, we will have income to pay down our debt and to make plans again to drill at Rio Zarza.

 


We hope to have a new website in January.

 


Vanessa resigned as she is about to get a position at a US University and her duties there in addition to her consulting practice would not be compatible with her role with us.

 


Best wishes,

 


William Lamarque

 

 

 

 


On Oct 30, 2013, at 5:40 PM


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