Ecopetrol S.A. reports liquidation of one of its subsidiaries

BOGOTÁ, Colombia, April 9, 2018 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that according to the relevant information published August 24, 2017, the liquidation of Ecopetrol Global Capital S.L.U., headquartered in Spain, was completed as stated in the public instrument authorized by the Madrid notary and duly recorded with that city's commercial registry.

Ecopetrol Global Capital S.L.U.'s liquidation was authorized by the Ecopetrol S.A. Board of Directors as part of the process of reviewing its Business Group's corporate structure.

This release contains statements that may be considered forward looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. All forward-looking statements, whether made in this release or in future filings or press releases or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend, and do not assume any obligation to update these forward-looking statements.

For further information contact:
Capital Markets Manager ( e)
Lina María Contreras
Telephone: +571-234-5190
Email: [email protected]

Media Relations (Colombia)
Jorge Mauricio Tellez
Telephone: + 571-234-4329
Email: [email protected]

SOURCE Ecopetrol S.A.