Colombian oil company Ecopetrol (EC +1%) reports a deepwater discovery in the U. S. Gulf Coast....

|About: Ecopetrol S.A. (EC)|By:, SA News Editor

Colombian oil company Ecopetrol (EC +1%) reports a deepwater discovery in the U. S. Gulf Coast. Data indicate a column of ~240 ft. of net condensate-rich gas pay, as prospect as one of 40 ft. of net oil pay. Separately, EC yesterday signed a contract for ~$1.2B to ship 12M barrels of crude oil to India.