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>Valeura has increased its stake the Thailand SPV from 85% to 87.5%, reflecting its increased investment in the SPV.</li><li>As a result, Valeura will capture a larger proportion of the value of the Thai assets, which we view as very positive.</li><li>We are increasing our target price from C$4.50/sh to C$4.70/sh after incorporating the increased stake in the Thai SPV and revisiting our model.</li></ul>

Valeura has increased its stake the Thailand SPV from 85% to 87.5%, reflecting its increased investment in the SPV.As a result, Valeura will capture a larger proportion of the value of the Thai assets, which we view as very positive.We are increasing our target price from C$4.50/sh to C$4.70/sh after incorporating the increased stake in the Thai SPV and revisiting our model.

Valeura Energy (TSX: VLE): Increasing stake in Thailand SPV. Wassana MOPU recertified.

Valeura Energy Inc

Valeura Energy (TSX: VLE): Increasing stake in Thailand SPV. Wassana MOPU recertified.