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>• 1Q26 WI production averaged 19,884 boe/d, broadly in line with our forecast of 19,640 boe/d and the company’s guidance range of 18.7–20.6 mboe/d.</li><li>• Following the recently announced positive drilling results in Gabon, WI production is expected to increase from 7.5 mbbl/d in 1Q26 to 9.9–10.9 mbbl/d in 2Q26.</li><li>• In Egypt, Vaalco commenced drilling in May.</li></ul>

• 1Q26 WI production averaged 19,884 boe/d, broadly in line with our forecast of 19,640 boe/d and the company’s guidance range of 18.7–20.6 mboe/d.• Following the recently announced positive drilling results in Gabon, WI production is expected to increase from 7.5 mbbl/d in 1Q26 to 9.9–10.9 mbbl/d in 2Q26.• In Egypt, Vaalco commenced drilling in May.

Vaalco Energy (NYSE: EGY): FY26 production guidance increased by ~10%. Production growth to accelerate

VAALCO Energy

Vaalco Energy (NYSE: EGY): FY26 production guidance increased by ~10%. Production growth to accelerate