BOGOTA, Colombia, March 30, 2022 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL NYSE: EC) studies that the standard Typical Shareholders’ Conference, held on March 30, 2022, permitted the amendment to the Bylaws proposed by management.
When the modification is duly solemnized and registered ahead of the Commercial Registry, Ecopetrol will notify the public of this party by this same indicates.
The textual content of the authorized modification can be consulted in the pursuing connection: https://documents.ecopetrol.com.co/net/esp/cargas/aga2022/220330%20Bylaws%20Ecopetrol%20(2%20columnas).pdf
Ecopetrol is the major company in Colombia and one of the primary built-in power businesses in the American continent, with a lot more than 17,000 staff members. In Colombia, it is liable for more than 60% of the hydrocarbon creation of most transportation, logistics, and hydrocarbon refining systems, and it holds top positions in the petrochemicals and fuel distribution segments. With the acquisition of 51.4% of ISA’s shares, the business participates in power transmission, the management of serious-time units (XM), and the Barranquilla – Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration functions in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, by means of ISA and its subsidiaries, Ecopetrol retains top positions in the electricity transmission business enterprise in Brazil, Chile, Peru, and Bolivia, highway concessions in Chile, and the telecommunications sector. This push release contains business enterprise prospect statements, operating and financial end result estimates, and statements similar to Ecopetrol’s expansion prospects. These are all projections and, as these types of, they are centered entirely on the anticipations of the managers regarding the long run of the company and their ongoing obtain to cash to finance the firm’s company program. The realization of claimed estimates in the foreseeable future relies upon on the habits of market disorders, laws, competition, the efficiency of the Colombian economic system and the industry, among the other factors, and are consequently matter to change without having prior discover.
This launch contains statements that may possibly be viewed as ahead-hunting statements within the meaning of Portion 27A of the U.S. Securities Act of 1933, as amended, and Portion 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-hunting statements, whether or not designed in this launch or in upcoming filings or press releases or orally, handle matters that contain hazards and uncertainties, which includes in regard of the Company’s prospective customers for progress and its ongoing obtain to money to fund the Company’s organization strategy, amongst other individuals. Therefore, improvements in the subsequent things, amid other people, could lead to precise final results to differ materially from all those integrated in the ahead-wanting statements: industry rates of oil & gasoline, our exploration, and production routines, sector problems, applicable rules, the trade level, the Firm’s competitiveness and the performance of Colombia’s overall economy and marketplace, to point out a few. We do not intend and do not assume any obligation to update these forward-wanting statements.
For more information and facts, be sure to get hold of:
Head of Capital Markets
Tatiana Uribe Benninghoff
E mail: [email protected]
Head of Company Communications
E mail: [email protected]
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