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Ecopetrol announced today its unaudited unconsolidated and consolidated financial results for the second quarter and first half of 2010. The net income for the second quarter of 2010 of COL$1.8 trillion with a 136.8% increase over the second quarter of 2009. See complete report.
Ecopetrol S.A.announced that the risk-rating agency Standard & Poor´s released a report on July 9, 2010, upgrading the outlook on the Company from stable to positive, while affirming the Company´s corporate risk rating ´BB+´.
The Board of Directors of Ecopetrol S.A. approved the 2011-2020 strategic plan for the companies comprising the Ecopetrol Corporate Group. The 2011-2020 strategic plan for the Ecopetrol Corporate Group was prepared from the perspective of new business targets, with a focus on sustainable development and a clear market orientation, resulting in profit-linked value goals.
Ecopetrol S.A. will assume direct operation of the Cupiagua and Cupiagua Sur fields as of midnight, June 30. The fields are located in the municipality of Aguazul in the Casanare province, a major prospect region in Colombia.
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