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>3Q22 production had been previously reported.</li><li>3Q22 cash flow from operations adjusted for working capital movement was ~US$27 mm, in line with our expectations.</li><li>As a result 4Q22 WI production is expected to be ~10 mbbl/d (we previously assumed ~ 11 mbbl/d) with the ambition of production growth to resume in 2023.</li></ul>

3Q22 production had been previously reported.3Q22 cash flow from operations adjusted for working capital movement was ~US$27 mm, in line with our expectations.As a result 4Q22 WI production is expected to be ~10 mbbl/d (we previously assumed ~ 11 mbbl/d) with the ambition of production growth to resume in 2023.

Tethys Oil AB (SSE: TETY): Production Growth to Resume in 2023.