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>1Q23 WI production stood at 23,152 boe/d (18,306 boe/d NRI) in line with expectations and guidance (WI: 22.5-23.8 mboe/d). </li><li>As indicated by the company previously, 1Q23 sales were below 4Q22 (1.2 mmbbl in 1Q23 vs ~1.4 mmbbl in 4Q22).</li><li>EG and Gabon 1Q23 WI production in Gabon has been restored to ~10.5 mbbl/d (~7.1 mbbl/d in 4Q23) in line with expectations.</li></ul>

1Q23 WI production stood at 23,152 boe/d (18,306 boe/d NRI) in line with expectations and guidance (WI: 22.5-23.8 mboe/d). As indicated by the company previously, 1Q23 sales were below 4Q22 (1.2 mmbbl in 1Q23 vs ~1.4 mmbbl in 4Q22).EG and Gabon 1Q23 WI production in Gabon has been restored to ~10.5 mbbl/d (~7.1 mbbl/d in 4Q23) in line with expectations.

VAALCO Energy (LSE: EGY): Good operational performance in Egypt