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>Large and extensive natural fractures have been encountered over 500 m (gross thickness) in the Birba and Buah formations at the Kunooz-1 well, resulting in very high permeabilities.</li>
<li>The matrix porosity is low. The presence of these large fractures could support significant volumes of fluids or gas in the formation.</li>
<li>Due to the fractures, 80 mbbl of drilling fluids were lost in the formation and no cuttings could be recovered.</li>
</ul>


Large and extensive natural fractures have been encountered over 500 m (gross thickness) in the Birba and Buah formations at the Kunooz-1 well, resulting in very high permeabilities.
The matrix porosity is low. The presence of these large fractures could support significant volumes of fluids or gas in the formation.
Due to the fractures, 80 mbbl of drilling fluids were lost in the formation and no cuttings could be recovered.


Tethys Oil AB (SSE: TETY): Encouraging results at Kunooz-1

<ul>
<li>Tethys has received a cash offer from Roc Oil to acquire the company at SEK58.70 per share.</li>
<li>The offer is recommended by the independent bid committee of the board of directors of Tethys.</li>
<li>Shareholders representing 16.86% of the outstanding shares have irrevocably undertaken to accept the offer.</li>
</ul>


Tethys has received a cash offer from Roc Oil to acquire the company at SEK58.70 per share.
The offer is recommended by the independent bid committee of the board of directors of Tethys.
Shareholders representing 16.86% of the outstanding shares have irrevocably undertaken to accept the offer.


Tethys Oil AB (SSE: TETY): Take-Over Offer at SEK58.70 Per Share

<ul>
<li>2Q24 production of 7,688 bbl/d had been previously reported.</li>
<li>2Q24 production was negatively impacted by flooding and production is expected to return to normal during 3Q24.</li>
<li><span style="font-size: var(--content-font-size);">In light of the flooding, FY24 production guidance has been trimmed from 7.8-8.6 mbbl/d to 7.8-8.2 mbbl/d.</span></li>
</ul>


2Q24 production of 7,688 bbl/d had been previously reported.
2Q24 production was negatively impacted by flooding and production is expected to return to normal during 3Q24.
In light of the flooding, FY24 production guidance has been trimmed from 7.8-8.6 mbbl/d to 7.8-8.2 mbbl/d.


Tethys Oil AB (SSE: TETY): Strong Financials. All Eyes on Strategic Review Process

<ul>
<li>1Q24 production of 8,032 bbl/d had been previously reported.</li>
<li>The development plan for Block 56 is expected to be submitted to the government by the end of May.</li>
<li>The associated reserves and resources are expected to be disclosed at that time.</li>
</ul>


1Q24 production of 8,032 bbl/d had been previously reported.
The development plan for Block 56 is expected to be submitted to the government by the end of May.
The associated reserves and resources are expected to be disclosed at that time.


Tethys Oil AB (SSE: TETY): Imminent Development of Block 56 and High Impact Exploration Drilling at Block 58

<ul><li>• The South Lahan area on Block 58 is estimated to hold 55-523 mmbl prospective resources (P90-P10 case) with a mean case of 251.8 mmbbl prospective resources across six prospects in the Ara Carbonate.</li><li> • Combined with the previously disclosed prospective resources of the Fahd area in the north-eastern part of Block 58, Tethys Oil’s unrisked recoverable prospective resources on the block are estimated to be 435.9 mmbbl (Pmean).</li><li>• The geological chance of success ranges from 6% to 11% for the six new prospects.</li></ul>

• The South Lahan area on Block 58 is estimated to hold 55-523 mmbl prospective resources (P90-P10 case) with a mean case of 251.8 mmbbl prospective resources across six prospects in the Ara Carbonate. • Combined with the previously disclosed prospective resources of the Fahd area in the north-eastern part of Block 58, Tethys Oil’s unrisked recoverable prospective resources on the block are estimated to be 435.9 mmbbl (Pmean).• The geological chance of success ranges from 6% to 11% for the six new prospects.

Tethys Oil AB (SSE: TETY): Increasing further the size of the prize

Sweden

Tethys Oil AB explores for and develops oil and natural gas projects.  The Company's primary operations are within the European Union.

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

Tethys Oil (TETY SS)

Tethys Oil AB (SSE: TETY): Encouraging results at Kunooz-1

Large and extensive natural fractures have been encountered over 500 m (gross thickness) in the Birba and Buah formations at the Kunooz-1 well,...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Strong Financials. All Eyes on Strategic Review Process

2Q24 production of 7,688 bbl/d had been previously reported. 2Q24 production was negatively impacted by flooding and production is expected to...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Imminent Development of Block 56 and High Impact Exploration Drilling at Block 58

1Q24 production of 8,032 bbl/d had been previously reported. The development plan for Block 56 is expected to be submitted to the government by the...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Increasing further the size of the prize

• The South Lahan area on Block 58 is estimated to hold 55-523 mmbl prospective resources (P90-P10 case) with a mean case of 251.8 mmbbl...

Auctus Advisors

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Tethys Oil AB (SSE: TETY): Encouraging results at Kunooz-1

Large and extensive natural fractures have been encountered over 500 m (gross thickness) in the Birba and Buah formations at the Kunooz-1 well,...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Take-Over Offer at SEK58.70 Per Share

Tethys has received a cash offer from Roc Oil to acquire the company at SEK58.70 per share. The offer is recommended by the independent bid...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Strong Financials. All Eyes on Strategic Review Process

2Q24 production of 7,688 bbl/d had been previously reported. 2Q24 production was negatively impacted by flooding and production is expected to...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Imminent Development of Block 56 and High Impact Exploration Drilling at Block 58

1Q24 production of 8,032 bbl/d had been previously reported. The development plan for Block 56 is expected to be submitted to the government by the...

Auctus Advisors

Tethys Oil AB (SSE: TETY): Increasing further the size of the prize

• The South Lahan area on Block 58 is estimated to hold 55-523 mmbl prospective resources (P90-P10 case) with a mean case of 251.8 mmbbl...

Auctus Advisors