Auctus Advisors

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector.

The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy.

Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors.

Auctus provides Corporate Broking, Equity Research and Investment Banking services. 

Stephane Foucaud
  • Stephane Foucaud

Pharos Energy Plc (LSE: PHAR): Five year licence extension adds reserv...

• The TGT and CNV licenses in Vietnam have been extended by five years, to December 2031 and December 2032, respectively. In return, Pharos' working interest in the licenses is reduced from 30.5% to 25.3% for TGT and from 25% to 20% for CNV. • This extension is significant for Pharos as it unlocks approximately 5.7 mmboe of resources and immediately adds 0.8 mmboe of 2P reserves. • The extension allows Pharos to convert approximately 0.8 mmboe from the 2C category to 2P reserves. Pharos' year-en...

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 20/12/2024

AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.80 per share: Material discovery at Alberta Llanos - The AB-1 (Alberta Llanos) exploration well has encountered four main hydrocarbon bearing reservoirs with a total true vertical depth of 121 feet, including the C7, Gacheta, Guadalupe, and Ubaque formations. The main pre-drill targets were the C7 and the Ubaque formations. The Gacheta and Guadalupe formations carried a higher risk, an...

Stephane Foucaud
  • Stephane Foucaud

Condor Energies Inc. (TSX: CDR): Further production increase in Uzbeki...

• Production in Uzbekistan in December to date has averaged 11,354 boe/d. Adjusting for one day of shutdown implies a production capacity of almost 12 mboe/d. • The average production in December to date (11,354 boe/d) represents an increase of over 600 boe/d compared to the latest announcement (10,706 boe/d from 5 November to 11 November) and 1,344 boe/d compared to the 3Q24 average production. • This production increase has been achieved through simple and low-cost workover operations and th...

Stephane Foucaud
  • Stephane Foucaud

Zephyr Energy Plc (AIM: ZPHR): Funding secured for the Paradox

• Zephyr has now entered into binding documentation to fully-fund all expected drilling, completion and production test costs for the 5,500 ft extension and acidization of the State 36-2R well. The funding has increased to US$7.5 mm (US$7.0 mm previously). • In return, the funding partner will earn a 50% WI in the well. The wellbore investor will cover its pro rata portion of the well's operating and overhead costs. Net revenues from the well will be split 50:50 between Zephyr and the wellbore i...

Stephane Foucaud
  • Stephane Foucaud

Sintana Energy Inc. (TSX-V: SEI): Sintana Energy Inc. (TSX-V: SEI): Mo...

• QatarEnergy has acquired 27.5% WI in PEL 90 from Chevron. While no details have been disclosed, it's noteworthy that QatarEnergy is a partner of TotalEnergies on the adjacent PEL 56 license, where the Venus discovery is located. QatarEnergy is also a partner of Shell on PEL 39. • We view QatarEnergy’s decision to enter PEL 90 as a very positive sign regarding the block's prospectivity. • A rig is mobilizing to PEL 90 to drill the Kapana-1X well in the second half of December. • This is an ult...

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