Sable Offshore Corp. Files 8-K Under 'Other Events'

TL;DR

Sable Offshore filed an 8-K for an 'Other Event' on 7/10. Details TBD.

AI Summary

Sable Offshore Corp. filed an 8-K on July 11, 2024, reporting an event on July 10, 2024. The filing is under 'Other Events' and does not specify any material agreements, acquisitions, or financial changes. Sable Offshore Corp. is an oil and gas company incorporated in Delaware.

Why It Matters

This filing indicates Sable Offshore Corp. has reported an event, but the lack of specific details means investors need to await further information to understand its significance.

Risk Assessment

Risk Level: low — The filing is a routine 8-K under 'Other Events' without immediate disclosure of significant financial or operational changes.

Key Players & Entities

• Sable Offshore Corp. (company) — Registrant
• July 10, 2024 (date) — Earliest event reported
• July 11, 2024 (date) — Filing date
• Delaware (jurisdiction) — State of incorporation
• 845 Texas Avenue, Suite 2920 Houston, Texas 77002 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.0001 — ich registered Common Stock, par value $0.0001 per share SOC The New York Stock Ex
• $11.50 — of Common Stock at an exercise price of $11.50 per share SOC.WS The New York Stock

Filing Documents

• d675159d8k.htm (8-K) — 27KB
• 0001193125-24-177531.txt ( ) — 189KB
• soc-20240710.xsd (EX-101.SCH) — 4KB
• soc-20240710_def.xml (EX-101.DEF) — 14KB
• soc-20240710_lab.xml (EX-101.LAB) — 24KB
• soc-20240710_pre.xml (EX-101.PRE) — 15KB
• d675159d8k_htm.xml (XML) — 6KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 10, 2024 Sable Offshore Corp. (Exact name of registrant as specified in its charter) Delaware 001-40111 85-3514078 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 845 Texas Avenue , Suite 2920 Houston , Texas 77002 (Address of Principal Executive Offices) (Zip Code) (713) 579-6161 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencements communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share SOC The New York Stock Exchange Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share SOC.WS The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01 Other Events. The California Office of State Fire Marshall ("OSFM"), in a letter dated July 10, 2024, stated that Pacific Pipeline Company's ("PPC") approved April 2021Risk Analysis and Implementation Plan (the "2021 Plan") remains in effect and complies with California State Assembly Bill 864. PPC had filed a supplemental Revised Risk Analysis and Implementation Plan (the "Supplemental Plan") in response to the County of Santa Barbara's denial of permits requested by PPC to comply with the 2021 Plan. While OSFM recognized the efforts of PPC to reduce spill response times to a spill incident and subsequent release to waterways, it determined that the Supplemental Plan is not considered as effective in mitigating the potential environmental impact compared to the 2021 Plan and it re-affirmed that the 2021 Plan remains in effect and has the best available technology. PPC and Santa Barbara County are actively engaged in discussions to resolve the issues surrounding the prior denial by the County of permits to allow for the installation of safety valves included in the 2021 Plan, which is the subject of ongoing litigation filed by PPC. These discussions are taking place against the backdrop of OSFM's recognition that the 2021 Plan provides the most effective mitigation of potential environmental impacts. PPC is committed to following the OSFM directive and looks forward to resolving this Santa Barbara County permit issue so that the safety valves can be installed. In cooperation with and under the supervision of OSFM personnel, PPC is currently making pipeline repairs, installing new pump stations, and constructing multiple new control facilities for lines 324 and 325, all in preparation for restart of Las Flores Canyon processing facilities and associated Santa Ynez Unit offshore production platforms. Restart is expected in late third quarter 2024 or early fourth quarter 2024. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Sable Offshore Corp. Date: July 11, 2024 By: /s/ Gregory D. Patrinely Name: Gregory D. Patrinely Title: Executive Vice President and Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR