Sable Offshore Corp. Announces Upsize and Pricing of Public Offering of Common Stock
Summary
Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the U.S. Securities Act of 1933, as amended.Sable Offshore Corp. is an independent oil and gas company, headquartered in Houston, Texas, focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The Sable team has extensive experience safely operating in California.The information in this press release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words could, should, will, may, believe, anticipate, intend, estimate, expect, project, continue, plan, forecast, predict, potential, future, outlook, and target, the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements will contain such identifying words. These statements are based on the current beliefs and expectations of Sables management and are subject to significant risks and uncertainties. Factors that could cause Sables actual results to differ materially from those described in the forward-looking statements include: the proposed offering, including the expected closing of the proposed offering; the ability to recommence production of the SYU assets and the cost and time required therefor; global economic conditions and inflation; increased operating costs; lack of availability of drilling and production equipment, supplies, services and qualified personnel; geographical concentration of operations; environmental and weather risks; regulatory changes and uncertainties; litigation, complaints and/or adverse publicity; privacy and data protection laws, privacy or data breaches, or loss of data; our ability to comply with laws and regulations applicable to our business; and other one-time events and other factors that can be found in Sables Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, which are filed with the Securities and Exchange Commission and are available on Sables website (www.sableoffshore.com) and on the Securities and Exchange Commissions website (www.sec.gov).