BOGOTA, March 19, 2021 /PRNewswire/ -- Ecopetrol S.A.
(BVC: ECOPETROL; NYSE: EC) ) informs that, in accordance with the
agreement of the Nation's Declaration as the majority shareholder,
and in compliance with standing procedures, the representatives of
the hydrocarbon producing departments have signed an agreement
in order to unanimously nominate Mr. Hernando Ramirez as their candidate for the
Board of Directors.
This agreement will be sent to the Ministry of Finance and
Public Credit for the relevant purposes.
The document can be found in the following link:
https://www.ecopetrol.com.co/wps/wcm/connect/8420c82d-bf27-4343-84c2-1171f6dc4187/210303+Acta+firmada+de+postulaci%C3%B3n+Dptos+Productores.pdf?MOD=AJPERES&attachment=false&id=1616188015622 (available
in Spanish)
Ecopetrol is Colombia's
largest firm and is an integrated oil company that is among the 50
largest in the world and the four largest in Latin America. In addition to Colombia, where it generates over 60% of the
country's production, it is active in exploration and production in
the United States (Permian basin
and Gulf of Mexico), Brazil and Mexico. Ecopetrol operates the largest
refinery in Colombia, most of the
country's oil-pipeline and polyduct network and is significantly
increasing its share of bio-fuels. This press release contains
statements relating to business prospects, estimates of operating
and financial results, and Ecopetrol's growth prospects. All are
projections, and therefore are based solely on management's
expectations of the company's future and its continuous access to
capital to finance its sales plan. Achieving these estimates in the
future depends on its performance under given market conditions,
regulations, competition, the performance of the Colombian economy
and industry, and other factors; therefore, they are subject to
change without prior notice.
For further details, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Phone: +571-234-5190
Email: investors@ecopetrol.com.co
Media Engagement (Colombia)
Jorge Mauricio Tellez
Phone: + 571-234-4329
Email: mauricio.tellez@ecopetrol.com.co
View original
content:http://www.prnewswire.com/news-releases/ecopetrol-announces-nomination-of-hernando-ramirez-plazas-to-its-board-of-directors-301251323.html
SOURCE Ecopetrol S.A.