Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Equity Capital Markets and Advisory Business

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.

Equity Bottom-Up

<ul><li>Commercial production at Anshof-3 has started at a stable rate of 100 bbl/d (80 bbl/d net to ADX).</li><li>Production from Anshof-3 could increase in the future (the well was tested at up to 135 bbl/d).</li><li>Two further Anshof wells are expected to be drilled in 3Q/4Q23 to increase production.</li></ul>

Commercial production at Anshof-3 has started at a stable rate of 100 bbl/d (80 bbl/d net to ADX).Production from Anshof-3 could increase in the future (the well was tested at up to 135 bbl/d).Two further Anshof wells are expected to be drilled in 3Q/4Q23 to increase production.

ADX Energy Limited (ASE: ADX): Good production rate at Anshof. Busy months ahead.

Australia

ADX Energy Ltd. explores for oil and natural gas.  The Company operates onshore and offshore in Tunisia, offshore in Italy, and onshore in Australia.

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ADX Energy Ltd (ADX AU)

ADX Energy Limited (ASE: ADX): Good production rate at Anshof. Busy months ahead.

Commercial production at Anshof-3 has started at a stable rate of 100 bbl/d (80 bbl/d net to ADX).Production from Anshof-3 could increase in the...

Auctus Advisors

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