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Operational issues, price drop cut into Ecopetrol 1Q14 results

Wednesday, April 30th, 2014 Category: Eye on Ecopetrol
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Operational issues, price drop cut into Ecopetrol 1Q14 results

Ecopetrol (NYSE:EC) confirmed that the operational reality on the ground is cutting into its production abilities, which has coupled with increased costs and lower oil prices for a rough first quarter 2014 for the NOC.

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