BOGOTA, Colombia, Sept. 1, 2014 /CNW/ -- Ecopetrol S.A. (BVC:
ECOPETROL; NYSE: EC; TSX: ECP) reports that the risk agency Fitch
Ratings has maintained Ecopetrol's international and local rating
at BBB and BBB+ respectively, both ratings with a stable
outlook.
The complete report is available on the website
www.fitchratings.com.
Ecopetrol is the largest company in Colombia and is integrated into the oil chain;
it is among the 50 major oil companies in the world and among the
four main ones in Latin America.
Besides Colombia - where it
generates over 60% of the national production - it is present in
exploration and production activities in Brazil, Peru
& US (Gulf of Mexico).
Ecopetrol owns the largest refinery in Colombia and most of the pipeline and
multi-product pipeline network in the country, and is significantly
increasing its participation in bio-fuels.
This report contains statements associated with the business
perspectives, estimates for operational and financial outcomes and
affirmations associated to Ecopetrol's growth. All the above are
projections, and as such are solely based on the expectations of
its directors with respect to the future of the company and its
ongoing access to capital to fund the company's commercial plan.
The realization of such estimates in the future depends on market
conditions, regulations, competitiveness, performance of
Colombia's economy and industry,
to mention a few; therefore, they are subject to changes without
previous notice.
For further information, please contact:
Media Relations (Colombia)
Jorge Mauricio Tellez
Phone: + 571-234-4329
Fax: +571-234-4480
E-mail: mauricio.tellez@ecopetrol.com.co
Investor Relations Director
Alejandro Giraldo
Phone: +571-234-5190
E-mail: investors@ecopetrol.com.co
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SOURCE Ecopetrol S.A.