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SOC Stock - Sable Offshore Corp.


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Sable Offshore Corp., headquartered in Houston, Texas, is actively involved in oil and gas exploration and development activities primarily within the United States. Established in 2020, the company operates through a strategic framework that includes three offshore platforms located off the coast of California. These platforms are integral to Sable Offshore's operational infrastructure, facilitating efficient exploration and production activities in the region.

Central to Sable Offshore Corp.'s operational strategy is its onshore processing facility, which spans approximately 76,000 acres and comprises 16 federal leases. This facility plays a pivotal role in the company's integrated approach to hydrocarbon extraction, enabling the processing and refinement of crude oil and natural gas extracted from offshore fields. Sable Offshore leverages advanced technology and industry expertise to optimize production yields and uphold rigorous environmental and safety standards.

Formerly known as Flame Acquisition Corp., Sable Offshore Corp. underwent a strategic rebranding in February 2024 to better reflect its expanded focus and operational capabilities within the energy sector. The company's evolution underscores its commitment to growth and innovation in oil and gas exploration, positioning it to capitalize on emerging market opportunities and deliver sustained value to shareholders and stakeholders alike.

As Sable Offshore Corp. continues to navigate the complexities of the energy landscape, it remains dedicated to leveraging its strategic assets and technical proficiency to drive operational excellence and profitability. The company's forward-looking approach includes expanding its asset base, enhancing operational efficiencies, and adopting sustainable practices to mitigate environmental impact. By fostering a culture of innovation and accountability, Sable Offshore Corp. aims to secure its position as a leader in responsible energy exploration and development.

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