1947 Oil & Gas, the newly formed oil and gas production company focused on building and operating a material production portfolio in the United States, is pleased to announce that terms have been agreed for the appointment of Mark Paull as its new Executive Vice President, Corporate Development.  Mr. Paull will join the Company following completion of the acquisition of Renaissance Offshore, LLC by 1947.

“We are delighted to welcome Mark to the 1947 team”, commented Tim Duncan, Executive Chairman of 1947. “He is a proven oil and gas executive with extensive operating, M&A and capital markets experience, leading M&A teams at some of the most respected investment banks in our industry.  Mark is well known throughout the industry and across the M&A ecosystem which will help us move quickly in the market. His appointment strengthens our leadership team at a pivotal time for 1947 as we advance the acquisition of Renaissance Offshore and pursue the next phase of our growth strategy.”

Mr. Paull’s career spans nearly 40 years. He led the oil and gas M&A and technical teams for several leading investment banks, including as Managing Director at Guggenheim Partners, Global Head of A&D for Credit Suisse and Head of North American A&D for Goldman Sachs.  In each of these roles, Mr. Paull managed large technical and commercial teams to support clients’ M&A and financing objectives. Mr. Paull started his career in an operations role for Kerr-McGee Corporation and then held operational, technical and corporate planning roles of increasing responsibility for Devon Energy and Quantum Resources Management before shifting his career into investment banking.

Mark Paull commented, 
“I am excited to join the outstanding 1947 team as we close the Renaissance transaction and prioritize our extensive inventory of opportunities. It is an excellent time to consolidate highly accretive assets that will transform 1947 and create material value for our shareholders.”

1947 is targeting joining the London Stock Exchange’s AIM market in the summer of 2026.

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