Lucror Analytics - Morning Views Latam

In today's Morning Views publication we comment on developments of the following high yield issuers: Grupo Nutresa, Vale, Gerdau, Frontera Energy, Natura, Hunt Oil, Ero Copper, FS Agrisolutions

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Telecom Italia, Digi Communications, TK Elevator, Azelis, EnQuest Plc, TAP, Guala Closures, Odfjell Drilling, Sasol, Victoria, International Personal Finance

ADX Energy (ASX: ADX): Well test results at Welchau support interpreta...

• Following a small acidisation treatment (6 m³ across 45 m of perforations) in the Reifling interval at the Welchau‑1 well, gas and light oil were recovered at surface during swabbing operations. Although stable inflow was not achieved—indicating that the limited acid volume did not access the open fracture network—the response is encouraging given that the formation had previously been unresponsive. • The light oil recovered from the Reifling Formation is non‑biodegraded and matches the densit...

AUCTUS ON FRIDAY - 20.02.2026

AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of C$0.20 per share: Gas to surface at Welchau – Hydrocarbon gas (Methane - CH4) was observed at surface from the Reifling Formation for the first time within the shallowest part of the Welchau anticline following acidization. See website for full report Condor Energies (CDR CN)C; Target price of C$5.60 per share: Strong well test results point to meaningful reserves upgrade – The K‑45 vertical well ...

Energy Morning - 16 February 2026

AUCTUS ON FRIDAY - 13.02.2026

AUCTUS PUBLICATIONS ________________________________________ Criterium Energy (CEQ CN)C; Target price of C$0.35 per share: First Gas in 2Q26 with a Likely Upgrade to Discovered Gas Resources – The contract for the construction of a new 21 km gas pipeline (previously 14 km) for the SE‑MGH 5–7 mmcf/d development was signed in early January. Site preparation is already underway, with first gas expected in 2Q26. Project capex is now estimated at US$2 mm (vs. prior guidance of US$2–3 mm), of which US...

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 02/12/2026

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 12/02/2026

Aker BP : Q4 results fall slightly short but reassuring outlook from 2...

Aker BP : Résultats T4 2025 légèrement inférieurs aux attentes mais Ou...

2026 a crucial/risky delivery year for Aker BP

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 11/02/2026

Aker BP : Q4 2025 results: 3% miss at the EBITDA level – weak FCF but ...

Valeura Energy (TSX: VLE): Impressive reserves replacement ratio

• YE25 2P reserves were estimated at 57.8 mmbbl, implying a reserves‑replacement ratio of 192%. Even excluding the previously disclosed Wassana additions at FID, the company still achieved 100% organic replacement of 2025 production, adding 8.5 mmbbl of reserves. At US$10/bbl, this equates to roughly C$1.20 per share of value creation. • This performance is particularly notable given that the reserves auditor reduced its Brent price assumptions by ~US$7–15/bbl from 2026 onward, which had a negat...

Energy Morning - 11 February 2026

Soft Q4 and capex overrun on Valhall project

Criterium Energy Ltd (TSX-V: CEQ): First Gas in 2Q26 with a Likely Upg...

• The contract for the construction of a new 21 km gas pipeline (previously 14 km) for the SE‑MGH 5–7 mmcf/d development was signed in early January. Site preparation is already underway, with first gas expected in 2Q26. • Project capex is now estimated at US$2 mm (vs. prior guidance of US$2–3 mm), of which US$1.9 mm has already been incurred. The subsequent North MGH phase—requiring ~US$1 mm of incremental capex—would lift total production to 7–10 mmcf/d. • The company has agreed key commercial...

Lucror Analytics - Morning Views Latam

In today's Morning Views publication we comment on developments of the following high yield issuers: Brava Energia, Geopark, Frontera Energy, Colombia Telecom, Vale, Aegea

New Zealand Energy Corp. (TSX-V: NZ): 100% focused on executing the Ta...

• New Zealand Energy (NZE) has raised C$3.5 mm of new equity priced at C$0.20 per share, providing the funding required to advance the Tariki gas‑storage project and ongoing negotiations with Genesis. • A key near‑term catalyst is securing an extension of the Petroleum Mining Licence for Tariki beyond its July 2026 expiry. Approval—expected within 4–6 weeks—would also defer decommissioning liabilities by an expected 10 years. Gas storage remains central to NZE’s strategy. • The Tariki‑5 well is ...

Helium Evolution Inc. (HEVI CN): Initiating Coverage

Helium Evolution (HEVI) is a ~US$16 mm TSX‑listed company focused on Saskatchewan’s helium fairway, where the regulatory environment is prioritizing helium development. HEVI has already commissioned a helium processing plant and the focus is now on scaling-up. HEVI’s core assets are operated by North American Helium (NAH), Canada’s leading private helium producer with 10 helium plants in operation and over100 helium wells drilled to date. HEVI’s largest shareholder is ENEOS, one of the world’s l...