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

AUCTUS ON FRIDAY - 21/02/2025

AUCTUS PUBLICATIONS ________________________________________ Condor Energies (CDR CN)C; Target price of C$5.60 per share: Very high flow rate at bypassed zone boosts production and unlocks reserves - A potential bypassed 60 m gas pay section, identified using advanced cased-hole logging tools and reprocessed existing 3-D seismic data, was put in production over a 23 m perforated interval at a rate of 1,100 boe/d, increasing to 1,300 boe/d over the past five days as the completion fluid has been ...

Stephane Foucaud
  • Stephane Foucaud

PetroTal Corp (AIM: PTAL): 208% 2P Reserves Replacement Ratio

• YE24 1P, 2P and 3P reserves at Bretana were estimated at 62.9 mmbbl (YE23: 48 mmbbl), 108 mmbbl (YE23: 100.2 mmbbl) and 206.6 mmbbl (YE23: 199.6 mmbbl) respectively. Additionally, Los Angeles is now estimated to hold 5.8 mmbbl of 2P reserves, an increase of 1.5 mmbbl from previous estimates. Overall, the new reserves estimates represent a Reserves Replacement Ratio of 293% for 1P and 208% for 2P reserves. • The increase in 1P reserves reflects the conversion of reserves from the 2P and 3P cate...

Stephane Foucaud
  • Stephane Foucaud

Pharos Energy Plc (LSE: PHAR): MOU with EGPC in Egypt to improve terms...

• Pharos and IPR have signed a non-binding MOU with EGPC to use their best efforts to conclude negotiations for the merger of the El Fayum and North Beni Suef Concession Agreements. • While there is limited information at this stage, this is an important step that would unlock further investment through better fiscal terms and longer licence duration. • The El-Fayum licence has a current expiry date of 2034 (including a 5 year extension), with 9 years remaining. A typical new licence in Egypt h...

Stephane Foucaud
  • Stephane Foucaud

Condor Energies Inc. (TSX: CDR): Very high flow rate at bypassed zone ...

• A potential bypassed 60 m gas pay section, identified using advanced cased-hole logging tools and reprocessed existing 3-D seismic data, was put in production over a 23 m perforated interval at a rate of 1,100 boe/d, increasing to 1,300 boe/d over the past five days as the completion fluid has been recovered. The flow rate is above expectations and unlocks reserves. • This result showcases the potential upside at Condor’s Uzbekistan assets. The cost of the work-over was only ~US$0.23 mm. Prio...

Stephane Foucaud
  • Stephane Foucaud

Serica Energy Plc (AIM: SQZ): Triton shut down until March: frustratin...

• Production at Triton has been suspended due to issues caused by Storm Éowyn, which resulted in minor damage to one of the cargo tanks. While preparing to conduct repairs, an integrity issue with a coupling in the inert gas line required for purging the tanks was identified. The FPSO remains offline pending identification of the root cause. • Production is now expected to restart in mid to late March, but the summer maintenance shutdown could also be longer than the expected 40 days as further ...

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