The Good New For Ecopetrol
The good news for Ecopetrol (BVC: ECOPETROL; NYSE: EC) and for Colombia, “do not stop in 2009. It just confirmed the increase in oil stocks because of the reassessment of what is now the biggest oil find in the country over the past ten years. a The discovery of reserves that had been initially estimated at 100 million barrels of oil could reach 500 million barrels of oil. The largest reserves of oil increase the autonomy of the Colombian economy in terms of oil resources while increasing the expected profits of Ecopetrol, who owns part of slab discovered resources. With everything that is happening around Ecopetrol is not surprising that their actions increasingly attractive win. On the day of yesterday, the Colombia Stock Exchange closed up 2.69%, bringing the index to a maximum of 14 months in one of the busiest days of the year, product purchases in shares of Ecopetrol, after the news about the largest estimated reserves.
The good news pushed up shares of Ecopetrol in Colombia 4.89% and 6% in New York, rising to be able to enjoy our articles and those who continue to have heeded our recommendations on the Colombian oil. A to Y who have followed the recommendations of our new stock investment report in the American Stock Exchange July Global Value, our experienced international markets analyst Paola Pecora, have seen their wealth increase by 15% in just one month. He recommended two key high potential companies in emerging markets, and if this feeble recovery these companies have risen 15%, imagine how much more they can rise when international economic recovery takes hold.