BOGOTA, Colombia, July 12 /PRNewswire-FirstCall/ -- Ecopetrol S.A. (“Ecopetrol” or the “Company”) (NYSE: EC) ”) informs interested parties and the general public that on July 9, 2010, its Board of Directors approved a project to update the Company's Code of Good Governance in order to simplify the language therein and facilitate understanding by the various interested parties. The update will consist of form changes and will comply with the guiding principles of the Company's corporate governance practices. The complete text of the Code of Good Governance can be read at http://www.ecopetrol.com.
(Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO )
(Logo: http://www.newscom.com/cgi-bin/prnh/20090209/ARM001LOGO )
Ecopetrol is the largest company in Colombia, one of the world's 40 largest oil companies, and among the four largest in Latin America. Apart from Colombia -- where it is responsible for more than 60% of the nation's oil production -- it maintains exploration and production activities in Brazil, Peru, and the United States (Gulf of Mexico). Ecopetrol has the largest refinery in Colombia, most of that nation's oil and poli-product pipelines, and is significantly increasing biofuel activities.
This release contains statements related to business prospects, estimates of production and financial results, and statements associated with Ecopetrol's growth prospects. All of these are projections, and, as such, are based solely on the expectations of its directors about the future of the company and its continuous access to capital to finance the commercial plan. Materialization of such estimates in the future depends on market conditions, regulations, competition, and performance of the Colombian economy and the industry, among other factors, due to which they are subject to change without prior notice.
For further information, please contact:
Investor Relations |
|
Alejandro Giraldo |
|
Phone: +571-234-5190 |
|
E-mail: [email protected] |
|
Media Relations (Colombia) |
|
Mauricio Tellez |
|
Phone: + 571-2345377 |
|
Fax: +571-2344480 |
|
E-mail: [email protected] |
|
Website: www.ecopetrol.com.co |
|
SOURCE Ecopetrol S.A.
Share this article