A proven team of highly respected natural resource executives has come together to launch 1947 Oil & Gas plc, a new oil and gas production company.
1947 Oil & Gas plc is an acquisition-led oil and gas production company focused on creating long-term shareholder value through the disciplined acquisition, optimisation and development of producing assets across the US Gulf Coast.
Our strategy combines deep industry relationships, operational expertise and financial discipline to identify high-quality opportunities with immediate cash flow and significant upside potential. By maintaining a conservative balance sheet, investing in scalable assets and reinvesting excess cash flow into value-accretive opportunities, we are building a resilient platform designed for sustainable long-term growth.
Our strategy is built on deep industry relationships and decades of operating experience, enabling us to identify and execute high-quality acquisition opportunities across the US Gulf Coast.
We focus on acquiring producing, lower-decline, oil-weighted assets with attractive cash flow characteristics and significant development potential, providing a strong foundation for sustainable growth.
Financial discipline is central to our approach. We maintain a conservative balance sheet, prioritise disciplined capital allocation and target long-term leverage below 1x EBITDA.
As we grow, we are building a diversified offshore platform that delivers predictable production, sustainable free cash flow and operational efficiencies while reducing reinvestment requirements.
Excess cash flow is reinvested into value-accretive opportunities and, over time, returned to shareholders as we continue to expand the business.
Our long-term objective is to build a scalable, resilient offshore oil and gas company through disciplined acquisitions, operational excellence and continuous portfolio optimisation.
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1947 Oil & Gas Plc