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U.S. Department of the Interior Bureau of Ocean Energy Management and U.S. Department of the Interior Bureau of Safety and Environmental Enforcement Approves Assignments of Record Title Interest from Exxon Mobil Corporation to Sable Offshore Corp CI
Sable Offshore Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Sable Offshore Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Flame Acquisition Corp. announced that it has received $440.2491 million in funding CI
Flame Acquisition Corp. completed the acquisition of Sable Offshore Corp. CI
Flame Acquisition Shareholders OK Merger Deal With Sable Offshore MT
Flame Acquisition Corp. announced that it expects to receive $100 million in funding CI
Flame Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Flame Acquisition Shareholders Approve Extension Deadline of Business Combination MT
Flame Acquisition Corp. announced that it expects to receive $1.13 million in funding CI
Flame Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI
Flame Acquisition Corp. announced that it has received $0.15 million in funding CI
Insider Sell: Flame Acquisition MT
Flame Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023 CI
Flame Acquisition Corp. announced that it has received $0.355 million in funding CI
Flame Acquisition Corp. Reports Earnings Results for the Full Year Ended December 31, 2022 CI
Flame Acquisition Corp. Auditor Raises 'Going Concern' Doubt CI
Flame Acquisition Corp. announced that it has received $0.535 million in funding CI
Flame Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022 CI
Sable Offshore Corp. entered into a business combination to acquire Flame Acquisition Corp. from Flame Acquisition Sponsor LLC, Sculptor Capital LP, Saba Capital Management, L.P. and others for $29.8 million in a reverse merger transaction. CI
Flame Acquisition Corp. announced that it has received $0.2 million in funding from Flame Acquisition Sponsor LLC CI
Flame Acquisition Corp. announced that it has received $0.17 million in funding from Flame Acquisition Sponsor LLC CI
Flame Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022 CI
Flame Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2022 CI
Flame Acquisition Corp. Reports Earnings Results for the Full Year Ended December 31, 2021 CI
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Sable Offshore Corp., formerly Flame Acquisition Corp, is focused on interests in certain oil and gas properties located offshore in the Santa Ynez Unit (SYU). SYU consists of three offshore platforms and a wholly owned onshore processing facility located along the Gaviota Coast at Las Flores Canyon in Santa Barbara County, California. The offshore position comprises 16 federal leases across approximately 76,000 acres. The Company’s Hondo platform and the Harmony platform develop the Hondo Field, and the Heritage platform develops the Pescado and Sacate Fields. The platforms are located five to nine miles offshore of Santa Barbara County in shallow water depths of 900 to 1,200 feet and service 112 wells, comprised of 90 producers, 12 injectors and 10 idle with an additional 102 identified, undrilled opportunities. The onshore facilities occupy approximately 35 acres and are comprised of an oil treating plant, a biologic/physical water treating plant, POPCO gas plant, and others.
More about the company
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
14.78 USD
Average target price
20 USD
Spread / Average Target
+35.32%
Consensus

Annual profits - Rate of surprise

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