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>The Oswig sidetrack well encountered a gross gas/condensate column of ~100 m in the Jurassic Tarbert Formation with no gas-water contact.</li><li>A DST in the Upper Tarbert Formation yielded average flow rate of ~2.1 mmcf/d of natural gas plus 280 bbl/d of condensate (total rate of ~650 boe/d).</li><li>The flow rate suggests recoverable volumes of 10-42 mmboe, which is at the lower end of expectations (90 mmboe pre test).</li></ul>

The Oswig sidetrack well encountered a gross gas/condensate column of ~100 m in the Jurassic Tarbert Formation with no gas-water contact.A DST in the Upper Tarbert Formation yielded average flow rate of ~2.1 mmcf/d of natural gas plus 280 bbl/d of condensate (total rate of ~650 boe/d).The flow rate suggests recoverable volumes of 10-42 mmboe, which is at the lower end of expectations (90 mmboe pre test).

Longboat Energy Plc (AIM: LBE): Well Test Results at Oswig.

United Kingdom

Longboat Energy Limited operates as an exploration company. The Company provides drilling services for petroleum industry. Longboat Energy serves customers in the United Kingdom.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00