Wednesday, April 25, 2012

Ecopetrol Announces First Quarter 2012 Earnings Date, New Oil Discoveries

Ecopetrol of Columbia, which can be traded on the NYSE with ticker EC, will release on Monday, April 30th, 2012 after the markets close its results for the first quarter 2012.On Wednesday, May 2nd, Ecopetrol´s senior management will host two webcasts to review the results: Spanish Bogota 1:30 p.m.,New York / Toronto 2:30 p.m.and English Bogota 3:00 p.m.,4:00 p.m. New York / Toronto. We invite you to register for the webcast in English or in Spanish.

Ecopetrol announces the discovery of hydrocarbons in the Tisquirama Este-1 exploratory well, located in the municipality of San Martin, Cesar. In initial tests, the well produced 624 barrels of oil per day, with a water cut of less than 1% and API gravity of 23 degrees.

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