Oil startup by former Goldman executive prepping for $67M IPO
July 27, 2026 12:49 pm, EDT An oil rig in the Gulf of Mexico. (Dario Lopez-Mills/AP) key takeaways: 1947 Oil & Gas plans to raise £50m in a London AIM listing next month to fund its growth strategy. The company is acquiring Renaissance Offshore, whose Gulf of Mexico assets produce about 3,350 barrels of oil