IN BRIEF: 1947 Oil & Gas reports interim results of first US asset
1st Oct 2026 07:16
1947 Oil & Gas PLC - London-based oil and gas company that aims at acquiring a portfolio of US assets - Says Renaissance LLC revenue fell 7.8% in the first half of the year to USD29.5 million from USD32.0 million a year earlier. Renaissance is a Huston-based oil and gas producer wholly-owned by 1947 Oil & Gas PLC. Renaissance, whose acquisition was completed on Monday upon admission of 1947 Oil & Gas on the AIM market, had a net income of USD1.9 million in the period, down 70% from USD6.3 million a year earlier. 1947 Oil & Gas says Renaissance is its first asset and "provides an immediate, material production base from which to pursue its broader growth objectives." Read More