Sable Offshore Corp. has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $440,249,100.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Sable Offshore Corp. is raising $440,249,100.00 in new funding. About Sable Offshore Corp: Sable Offshore Corp. is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California. The Sable team has decades of experience safely operating in California and creating value for all of our stakeholders. Sable Offshore Corp. engages in the oil and gas exploration and development activities in the United States. It operates through three platforms located offshore California and an onshore processing facility comprised of 16 federal leases across approximately 76,000 acres. The company was formerly known as Flame Acquisition Corp. and changed its name to Sable Offshore Corp. in February 2024. Sable Offshore Corp. was incorporated in 2020 and is based in Houston, Texas.
To learn more about Sable Offshore Corp., visit http://www.sableoffshore.com/
Contact:
James Flores, Chief Executive Officer
713-579-6106
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