ECOPETROL ANNOUNCES NAME CHANGE FOR OFFSHORE PROJECTS
Ecopetrol S.A. (NYSE: EC) has announced a name change for its offshore exploration projects in the Colombian Caribbean. This decision comes in compliance with a ruling by the Fourth Labor Court of the Santa Marta Circuit. The project formerly known as 'Uchuva' will now be called SIRIUS, while the project previously referred to as 'Tayrona' will be renamed GUA-OFF-0.
These changes apply to all mentions in the Securities Market Information System (SIMEV) and the SEC's Electronic Data Gathering and Analysis Retrieval (EDGAR) system. The renaming was done in collaboration with Petrobras, Ecopetrol's partner in these projects. Ecopetrol, Colombia's largest company, is a major integrated energy company in the Americas, with significant operations in hydrocarbon production, transportation, refining, and petrochemicals.
Ecopetrol S.A. (NYSE: EC) ha annunciato un cambio di nome per i suoi progetti di esplorazione offshore nel Caribe colombiano. Questa decisione è stata presa in conformità con una sentenza della Quarta Corte del Lavoro del Circondario di Santa Marta. Il progetto precedentemente noto come 'Uchuva' sarà ora denominato SIRIUS, mentre il progetto in precedenza chiamato 'Tayrona' sarà rinominato GUA-OFF-0.
Questi cambiamenti si applicano a tutte le menzioni nel Sistema Informativo sul Mercato dei Titoli (SIMEV) e nel sistema di Raccolta e Analisi dei Dati Elettronici della SEC (EDGAR). La modifica del nome è stata effettuata in collaborazione con Petrobras, partner di Ecopetrol in questi progetti. Ecopetrol, la più grande azienda della Colombia, è un'importante compagnia energetica integrata nelle Americhe, con operazioni significative nella produzione, trasporto, raffinazione e chimica dei idrocarburi.
Ecopetrol S.A. (NYSE: EC) ha anunciado un cambio de nombre para sus proyectos de exploración en alta mar en el Caribe colombiano. Esta decisión se toma en cumplimiento de una sentencia del Cuarto Juzgado Laboral del Circuito de Santa Marta. El proyecto anteriormente conocido como 'Uchuva' ahora se llamará SIRIUS, mientras que el proyecto anteriormente conocido como 'Tayrona' se renombrará GUA-OFF-0.
Estos cambios se aplican a todas las menciones en el Sistema de Información del Mercado de Valores (SIMEV) y en el sistema de Recolección y Análisis de Datos Electrónicos de la SEC (EDGAR). El cambio de nombre se realizó en colaboración con Petrobras, socio de Ecopetrol en estos proyectos. Ecopetrol, la empresa más grande de Colombia, es una importante empresa energética integrada en las Américas, con operaciones significativas en producción, transporte, refinación y petroquímicos.
에코페트롤 S.A. (NYSE: EC)는 콜롬비아 카리브해의 해양 탐사 프로젝트의 이름 변경을 발표했습니다. 이 결정은 산타 마르타 관할의 제4 노동 법원의 판결을 준수하는 차원에서 이루어졌습니다. 이전에 '우추바'로 알려진 프로젝트는 이제 SIRIUS로 이름이 변경되며, 이전에 '타이로나'라고 불렸던 프로젝트는 GUA-OFF-0으로 재명명됩니다.
이러한 변화는 증권 시장 정보 시스템(SIMEV) 및 SEC의 전자 데이터 수집 및 분석 시스템(EDGAR)의 모든 언급에 적용됩니다. 이름 변경은 에코페트롤의 파트너인 페트로브라스와 협력하여 이루어졌습니다. 에코페트롤은 콜롬비아에서 가장 큰 회사로, 아메리카 대륙에서 주요 통합 에너지 기업으로, 탄화수소 생산, 운송, 정제 및 석유화학 분야에서 중요한 운영을 하고 있습니다.
Ecopetrol S.A. (NYSE: EC) a annoncé un changement de nom pour ses projets d'exploration offshore dans les Caraïbes colombiennes. Cette décision fait suite à un jugement du Quatrième Tribunal du Travail du Circuit de Santa Marta. Le projet anciennement connu sous le nom d 'Uchuva' s'appellera désormais SIRIUS, tandis que le projet précédemment désigné sous le nom de 'Tayrona' sera renommé GUA-OFF-0.
Ces changements s'appliquent à toutes les mentions dans le Système d'Information du Marché des Valeurs (SIMEV) et dans le système de Collecte et d'Analyse des Données Électroniques de la SEC (EDGAR). Le changement de nom a été effectué en collaboration avec Petrobras, le partenaire d'Ecopetrol pour ces projets. Ecopetrol, la plus grande entreprise de Colombie, est une entreprise énergétique intégrée majeure dans les Amériques, avec des opérations significatives dans la production, le transport, le raffinage et la pétrochimie.
Ecopetrol S.A. (NYSE: EC) hat eine Namensänderung für seine Offshore-Erforschungsprojekte in der kolumbianischen Karibik bekannt gegeben. Diese Entscheidung erfolgt in Übereinstimmung mit einem Urteil des Vierten Arbeitsgerichts des Bezirks Santa Marta. Das zuvor als 'Uchuva' bekannte Projekt wird nun SIRIUS heißen, während das zuvor als 'Tayrona' bezeichnete Projekt in GUA-OFF-0 umbenannt wird.
Diese Änderungen gelten für alle Nennungen im Informationssystem für den Wertpapiermarkt (SIMEV) und im elektronischen Datenverarbeitungs- und Analyse-Retrieval-System der SEC (EDGAR). Die Umbenennung erfolgte in Zusammenarbeit mit Petrobras, Ecopetrots Partner in diesen Projekten. Ecopetrol, das größte Unternehmen Kolumbiens, ist ein bedeutendes integriertes Energieunternehmen in Amerika mit wesentlichen Aktivitäten in der Produktion, dem Transport, der Raffinierung und der Petrochemie.
- Compliance with legal requirements, potentially avoiding future legal issues
- Collaboration with partner Petrobras in renaming projects, indicating good business relationships
- Potential confusion or disruption in market communication due to project name changes
Insights
The court-mandated name change for Ecopetrol's offshore projects is a minor administrative adjustment with impact on operations or financials. While it demonstrates sensitivity to cultural concerns, it's unlikely to materially affect the company's performance or investor sentiment.
The renaming from "Uchuva" and "Tayrona" to "SIRIUS" and "GUA-OFF-0" respectively is primarily a compliance measure. It reflects Ecopetrol's responsiveness to legal rulings and potential cultural sensitivities, which could be viewed positively from a corporate governance perspective.
Investors should note that this change is purely nominal and doesn't alter the underlying assets or Ecopetrol's partnership with Petrobras. The company's proactive communication about updating references in SIMEV and EDGAR systems demonstrates transparency and attention to regulatory compliance, which is generally favorable for investor relations.
In collaboration with Petrobras, Ecopetrol's partner in these projects, it has been agreed that the first project will now be referred to as SIRIUS, and the second as GUA-OFF-0.
Going forward, any previous mentions of the old names by Ecopetrol in the Securities Market Information System (SIMEV) and in the Electronic Data Gathering and Analysis Retrieval (EDGAR) in the SEC will be understood to refer to the SIRIUS and GUA-OFF-0 projects in their respective contexts.
Ecopetrol is the largest company in
For more information, please contact:
Head of Capital Markets (a)
Lina María Contreras Mora
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.
FAQ
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