Ecopetrol publishes the text of the amendment to its bylaws that will be submitted for consideration at its General Shareholder's Meeting

Rhea-AI Summary

Ecopetrol S.A. (BVC: EC; NYSE: EC) announced amendments to its bylaws, set to be reviewed at the General Shareholders' Meeting on March 26, 2021. The complete text of these amendments has been published and is available online. As Colombia's largest company, Ecopetrol plays a significant role in the oil sector, contributing over 60% of the country’s production. The company operates key facilities across Colombia and internationally, with a growing focus on biofuels. The upcoming meeting will be crucial for shareholders to understand potential implications for the company’s governance.

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• The company is among the top 50 largest oil firms globally.
• Ecopetrol generates over 60% of Colombia's oil production.

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• None.

BOGOTA, Colombia, March 3, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it has released the text of the amendments to its bylaws that will be submitted for consideration at the General Shareholders' Meeting, which will be held on March 26, 2021.

The text can be found in the following link: 

https://www.ecopetrol.com.co/wps/wcm/connect/8d9fb8cb-3881-4419-8b1b-843b18933543/200303+Bylaws+Ecopetrol+VF.PDF?MOD=AJPERES&attachment=false&id=1614809799363 

Ecopetrol is Colombia's largest firm and is an integrated oil company that is among the 50 largest in the world and the four largest in Latin America. In addition to Colombia, where it generates over 60% of the country's production, it is active in exploration and production in the United States (Permian basin and Gulf of Mexico), Brazil and Mexico. Ecopetrol operates the largest refinery in Colombia, most of the country's oil-pipeline and polyduct network and is significantly increasing its share of bio-fuels. This press release contains statements relating to business prospects, estimates of operating and financial results, and Ecopetrol's growth prospects. All are projections, and therefore are based solely on management's expectations of the company's future and its continuous access to capital to finance its sales plan. Achieving these estimates in the future depends on its performance under given market conditions, regulations, competition, the performance of the Colombian economy and industry, and other factors; therefore, they are subject to change without prior notice.

For further details, please contact:

Acting Head of Capital Markets 
Juan Pablo Crane
Phone: +571-234-5190
Email: investors@ecopetrol.com.co

Media Engagement (Colombia)
Jorge Mauricio Tellez
Phone: + 571-234-4329
Email: mauricio.tellez@ecopetrol.com.co

View original content:http://www.prnewswire.com/news-releases/ecopetrol-publishes-the-text-of-the-amendment-to-its-bylaws-that-will-be-submitted-for-consideration-at-its-general-shareholders-meeting-301240172.html

SOURCE Ecopetrol S.A.

FAQ

What are the amendments to Ecopetrol's bylaws?

Ecopetrol has published amendments to its bylaws for shareholder review; specific changes are detailed in the document available on their website.

When will Ecopetrol's General Shareholders' Meeting take place?

The General Shareholders' Meeting for Ecopetrol will be held on March 26, 2021.

What is the significance of Ecopetrol's upcoming General Shareholders' Meeting?

The General Shareholders' Meeting will consider key amendments to the company's bylaws, which could affect governance and operational strategies.

Where can I find the text of the bylaw amendments for Ecopetrol?

The text of the bylaw amendments can be found on Ecopetrol's official website through the provided link in their press release.