Ecopetrol S.A. American Depositary Shares (EC) Company Bio
Ecopetrol engages in the exploration, development, and production of crude oil and natural gas primarily in Colombia, Peru, Brazil, Angola, and the United States Gulf Coast. The company was founded in 1948 and is based in Bogotá, Colombia.
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that it will prepay its short-term obligations with local and international banks entered into in March and April 2020, in the form of trade finance instruments and short-term bank loans.
Ecopetrol ([[EC]] -0.1%) aims to drill 100 wells by the end of 2021 in the Permian Basin as global oil prices recover, CEO Felipe Bayon tells the virtual Asia Pacific Petroleum Conference.The company drilled 22 wells between November 2019 and June, but production slowed during the pandemic, Bayon said.But the...