Equity Capital Markets and Advisory Business, Auctus Advisors

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.

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>Gross 2Q24 production in Gabon was 21,184 bbl/d, very close to our expectations (21.5 mbbl/d).</li>
<li>2Q24 production was negatively impacted by 21 days of planned maintenance.</li>
<li>All the existing ESPs will be replaced with conventional ESPs. This should address the electrical problems that have negatively impacted production due to increased downtime at some producing wells.</li>
</ul>


Gross 2Q24 production in Gabon was 21,184 bbl/d, very close to our expectations (21.5 mbbl/d).
2Q24 production was negatively impacted by 21 days of planned maintenance.
All the existing ESPs will be replaced with conventional ESPs. This should address the electrical problems that have negatively impacted production due to increased downtime at some producing wells.


Panoro Energy ASA (OSE: PEN): Rig Contract in Gabon Extended to February 2025.