Sable Offshore Corp. Responds to Allegations

By Greg Peters • Friday, October 24 15:38 • Permanent Link

Sable Offshore Corp. (NYSE: SOC) has responded to the California Office of the State Fire Marshal regarding allegations of deficiencies in the company's compliance with state waivers. In its response to the October 22, 2025 letter from the OSFM, Sable strongly disagreed with the allegations, citing inconsistencies with the plain language of the waivers and previous discussions with OSFM experts confirming full compliance.

The company plans to supplement its initial response and looks forward to quickly resolving the misunderstanding with OSFM. The OSFM's letter and Sable's initial response are attached to the press release.

Sable Offshore Corp. is an independent oil and gas company headquartered in Houston, Texas, with a focus on responsibly developing the Santa Ynez unit in federal waters offshore California. The company's team has extensive experience in safely operating in California. Following these announcements, the company's shares moved 18.61%, and are now trading at a price of $14.02. For more information, read the company's full 8-K submission here.

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