Kontrarian Korner

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Sable Offshore: Show Me The Incentives

Playing A Game Of Would You Rather With Governor Newsom & The State Of California

Ben Kelleran's avatar
Ben Kelleran
Sep 30, 2025
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We got several things worth covering with Sable Offshore’s SOC 0.00%↑ 8-K and press release yesterday. I wrote a quick piece late last week on the FPSO rumors, but with the new information, it was time for a more detailed update. The overall message is that the company is actively working on Plan B if OSFM doesn’t sign off soon. I’ll start with the press release.


The Press Release

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