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  • Por Ecopetrol

    Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) presents additional information on the financing of its capex budget for 2014. The breakdown of the capex is as follows:

  • Por Ecopetrol
    • The initial declaration may incorporate 1P reserves estimated at 22.4 million barrels of oil (including royalties).
    • The development plan establishes increasing production from 1,727 to 25,000 barrels per day by mid-2016, drilling 135 development wells, and investing US$ 656 million.
    • Production is 100% owned by the Company.
  • Por Ecopetrol

    Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that the competent authorities of the United States, Mexico and Colombia have granted it patents for four technological developments that benefit activities related to the production, refining and transportation of hydrocarbons.

  • Por Ecopetrol

    Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) reports that it has been notified of Resolution No. 000333 of 22 October 2013 whereby the Labor Ministry - Territorial Directorate of the Labor Department of Barrancabermeja - imposed a fine amounting to one hundred (100) current minimum legal monthly salaries, which are equivalent to fifty eight million nine hundred fifty thousand pesos) legal tender.
     

  • Por Ecopetrol

    Ecopetrol S.A. (BVC: Ecopetrol, NYSE: EC; TSX: ECP) wishes to inform the public that the 2014 investment plan and budget is currently under development. Therefore, neither it nor its corresponding funding have been defined so far. In particular, nothing has been defined regarding the amounts or plans for access to bond or equity capital markets for next year.

     

     

     

     

     

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