Sable Offshore CORP 8-K filings

Sable Offshore Corp. announced the successful completion of hydrotests on its Onshore Pipeline segments, fulfilling the final operational condition required for restart under a Consent Decree.

Sable Offshore Corp. announced the successful closing of its upsized public offering, raising approximately $295 million in gross proceeds through the sale of 10 million shares of common stock, with underwriters fully exercising their option to purchase additional shares.

Sable Offshore Corp. has restarted oil production at the Santa Ynez Unit and anticipates recommencing oil sales from the Las Flores Pipeline System in July 2025.

Sable Offshore Corp. announced a net loss of $109.5 million for the first quarter of 2025, primarily due to production restart expenses and non-cash items.

Sable Offshore Corp. is in a legal dispute with the California Coastal Commission over repair and maintenance activities on the Las Flores Pipeline System, but a request for a temporary restraining order was denied.

Sable Offshore Corp. announced its 2024 financial results, highlighting a net loss primarily due to non-cash items, and anticipates restarting production at its Santa Ynez Unit (SYU) in the second quarter of 2025.

Sable Offshore Corp. is contesting a Cease and Desist Order from the California Coastal Commission regarding its pipeline repair work, asserting the work is authorized by existing permits and challenging the Commission's authority.

Sable Offshore Corp. secures necessary approvals from Santa Barbara County and PHMSA for pipeline repair work and enhanced integrity standards, paving the way for recommencing production.

Sable Offshore Corp. announced an update on the Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit, with the U.S. Department of Justice filing a motion to remand the case for reconsideration.

Sable Offshore has secured crucial state waivers for its pipeline, paving the way for a potential production restart in the first quarter of 2025.

Sable Offshore Corp. is targeting a production restart at its Santa Ynez Unit (SYU) in the fourth quarter of 2024, leveraging existing infrastructure and a history of safe operations.

Sable Offshore Corp. announced its third quarter 2024 financial results, including a net loss of $255.6 million, and provided an update on its coordination with the California Coastal Commission regarding pipeline maintenance.

Sable Offshore Corp. successfully redeemed its public warrants, resulting in $183.5 million in cash proceeds and the issuance of 15,957,820 common shares.

Sable Offshore Corp. will redeem all outstanding public warrants for $0.01 each, with a deadline for exercise at $11.50 per share by November 4, 2024.

Sable Offshore Corp. has successfully completed a private placement, raising approximately $150 million through the issuance of 7.5 million shares of common stock.

Sable Offshore Corp. reached a settlement with Santa Barbara County regarding pipeline safety valves, clearing a path for the expected restart of production from its Santa Ynez Unit in the fourth quarter of 2024.

Sable Offshore Corp. announced a net loss of $165.4 million for the second quarter of 2024, while making progress towards restarting production at the Santa Ynez Unit.

Sable Offshore Corp. has received confirmation from the California Office of State Fire Marshall that its 2021 Risk Analysis and Implementation Plan remains in effect, paving the way for a potential restart of operations in late Q3 or early Q4 2024.

Sable Offshore Corp. has received approvals from the U.S. Department of the Interior to acquire and operate the Santa Ynez Unit, a significant offshore oil and gas asset.

Sable Offshore Corp. reported a net loss for Q1 2024, but highlighted the completion of a business combination, increased resource estimates, and plans for a September 2024 production restart.

Sable Offshore Corp. has filed an amendment to its previous 8-K report, including audited carve-out financial statements for the Santa Ynez Unit (SYU) for the years ended December 31, 2023 and 2022.

Sable Offshore Corp. has adopted a new Code of Business Conduct and Ethics to promote honest and ethical behavior among its directors, officers, and employees.

Flame Acquisition Corp. stockholders have approved the business combination with Sable Offshore Corp., paving the way for the combined company to begin trading on the NYSE.

Flame Acquisition Corp. reports that 2.47% of public shares were redeemed for cash ahead of the special meeting to vote on the proposed business combination with Sable Offshore Holdings.

Flame Acquisition Corp. has finalized subscription agreements for $520 million in private investment in public equity (PIPE) financing to support its merger with Sable Offshore Holdings.