05/10/2026
1947 Oil & Gas plc is building its growth strategy around an immediate production base of approximately 3,000 barrels of oil equivalent per day, following its acquisition of Renaissance.
In this ADVFN Watchlist interview, co-founder and President Ivan Murphy explains how the company plans to build scale across the Gulf of America through further acquisitions, supported by existing production, cash flow and an acquisition starting point with no debt or hedging in place.
With an experienced operational team and a clear ambition to grow production to 25,000–35,000 barrels of oil equivalent per day, 1947 is focused on building a larger producing business through disciplined consolidation.
Watch the interview and discover more about the company's growth strategy.