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>We forecast production rising from 44.7 mboe/d in 1H26 to more than 60 mboe/d in 4Q26, driven by completion of the SNS acquisition.</li>
<li>Crucially, this adds over 10 mboe/d of high‑value UK natural gas at a time of seasonally stronger pricing.</li>
<li>We expect a very active 2027–2028 drilling programme; we estimate capex of ~US$420 million in 2027 and ~US$500 mm in 2028.</li>
</ul>


We forecast production rising from 44.7 mboe/d in 1H26 to more than 60 mboe/d in 4Q26, driven by completion of the SNS acquisition.
Crucially, this adds over 10 mboe/d of high‑value UK natural gas at a time of seasonally stronger pricing.
We expect a very active 2027–2028 drilling programme; we estimate capex of ~US$420 million in 2027 and ~US$500 mm in 2028.


Serica Energy Plc (AIM: SQZ): Gearing-Up for a Busy 2027-2028 Programme