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>• 2Q25 to date production in Uzbekistan was 10,332 boe/d as production rates have been partially restricted due to unplanned downstream infrastructure maintenance at non operated facilities.</li><li> • Downstream facilities are now fully operational, with June production rising to 11,179 boe/d (close to our 2Q25 forecast of 11,673 boe/d).</li><li>• Fabrication of the first LNG modular facility (48,000 gallons / 80 t per day) remains on track for 4Q25 completion, with first LNG production anticipated in 2Q26.</li></ul>

• 2Q25 to date production in Uzbekistan was 10,332 boe/d as production rates have been partially restricted due to unplanned downstream infrastructure maintenance at non operated facilities. • Downstream facilities are now fully operational, with June production rising to 11,179 boe/d (close to our 2Q25 forecast of 11,673 boe/d).• Fabrication of the first LNG modular facility (48,000 gallons / 80 t per day) remains on track for 4Q25 completion, with first LNG production anticipated in 2Q26.

Condor Energies Inc. (TSX: CDR): First LNG on track for 2Q26. Uzbekistan new horizontal wells could yield 15 mmcf/d IP rate