Auctus Advisors
Stephane Foucaud runs institutional equity research at Auctus Advisors. He co-founded the UK business of FirstEnergy Capital (now part of Stifel Nicolaus Europe) in 2009. Foucaud was a managing director for Equity Capital Markets responsible for European institutional research. Under his tenure, he was consistently highly ranked in the annual Extel survey and was selected as the #1 stock picker in the Energy sector by Thomson Reuters (previously Starmine) in its 2017 analyst awards. Before GMP FirstEnergy, he was a senior oil and gas analyst at Société Générale in London. Foucaud also worked for Schlumberger for seven years in various technical, operational management and corporate strategy roles globally. He holds a Master of Science in Engineering from the National School of Electrical and Mechanical Engineering of Nancy, France; a Master of Science in Exploration Production from the French Petroleum Institute and a Master of Business Administration from INSEAD in France.
Next, the company will test the well and put in on production in one of the formations, noted an Auctus Advisors report.
The Auctus Advisors report highlighted Arrow Exploration Corp.'s (AXL:TSX.V; AXL:LSE) strong financial position.
Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE) recently reported a higher-than-expected flow rate from its first CN Horizontal well, according to an Auctus Advisors research note.
Arrow Exploration has announced its 2024 production plan, according to a report by Auctus Advisors.
Better-than-expected flows and a discovery from one well plus greater volumes out of another should positively impact future production totals, noted an Auctus Advisors report.
Warrants have been exercised for shares of this energy co. These transactions should improve the cash resources of the Canadian oil and gas company and eliminate related overhang on its share price, noted an Auctus Advisors report.
The consistent production rate from this well, in Colombia's Carrizales Norte field, is estimated to be 1,400 barrels per day, noted an Auctus Advisors report.
Other news from the same location is that certain zones did not produce when recently tested, noted an Auctus Advisors report.