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>Panoro has completed the acquisition of a 40.375% interest in Block G, Equatorial Guinea, from Kosmos Energy earlier than we had anticipated (we had assumed a 3Q26 close).</li>
<li>Completion payments totalled US$127 mm, broadly in line with our expectation of US$130 mm in 3Q26.</li>
<li>Our prior closing‑price assumption had incorporated the next crude‑oil lifting, which will now be recognised separately.</li>
</ul>


Panoro has completed the acquisition of a 40.375% interest in Block G, Equatorial Guinea, from Kosmos Energy earlier than we had anticipated (we had assumed a 3Q26 close).
Completion payments totalled US$127 mm, broadly in line with our expectation of US$130 mm in 3Q26.
Our prior closing‑price assumption had incorporated the next crude‑oil lifting, which will now be recognised separately.


Panoro Energy ASA (OSE: PEN): Low closing price for EG acquisition