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>4Q22 WI production was 18,175 boe/d including the contribution of TransGlobe’s assets since mid October.</li><li>4Q22 WI production in Egypt was 8,850 bbl/d, ahead of our expectations of 8,000 bbl/d while Canada generated 2,250 boe/d, below our expectations of 2,500 boe/d given weather and operational delays impacting well tie-ins.</li><li>4Q22 WI production in Gabon was 7,075 bbl/d below our forecasts of 8,000 bbl/d.</li></ul>

4Q22 WI production was 18,175 boe/d including the contribution of TransGlobe’s assets since mid October.4Q22 WI production in Egypt was 8,850 bbl/d, ahead of our expectations of 8,000 bbl/d while Canada generated 2,250 boe/d, below our expectations of 2,500 boe/d given weather and operational delays impacting well tie-ins.4Q22 WI production in Gabon was 7,075 bbl/d below our forecasts of 8,000 bbl/d.

VAALCO Energy (NYSE: EGY): Strong Production in Egypt. Lower Performance from New Wells in Gabon.