Legal SettlementSable announced the settlement of their lawsuit with Santa Barbara County that allows for the installation of crucial check valves along the onshore pipelines that supports mgmt's reaffirmed 4Q24 production restart timeline.
Production RestartThe resolution significantly derisks Sable's ability to restart ops.
Regulatory ApprovalSable Offshore received approval from the County of Santa Barbara Planning Commission for the Change of Owner, Change of Operator, and Guarantor of the SYU, Pacific Offshore Pipeline Company (POPCO) Gas Plant, and Las Flores Pipelines.