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.
Panoro Energy ASA (PEN:OSE; 1PZ:FRA) recently reported increased production and upcoming exploration catalysts, according to an Auctus Advisors research note.
Panoro Energy ASA's drilling contract will allow production in EG to return to growth, according to an Auctus Advisors research note.
Panoro Energy ASA's Hibiscus South well has the potential to be 50-100% larger than expected, according to an Auctus Advisors research note.
While Panoro Energy's rig in EG was terminated, the financial impact should be minimal, noted an Auctus Advisors report.
Stephane Foucaud at Auctus Advisors sees over 90% upside for Panoro Energy based on increased reserves, new exploration potential, and improving fundamentals.
Another well put online during Q2/23 boosted production at this African asset during the quarter, noted an Auctus Advisors report.