Sable Offshore Corp. Announces Proposed Offerings Of Common Stock And Convertible Senior Notes

Sable Offshore Corp NYSE:SOC:

• SABLE OFFSHORE CORP. ANNOUNCES PROPOSED OFFERINGS OF COMMON STOCK AND CONVERTIBLE SENIOR NOTES

• SABLE OFFSHORE CORP - TO OFFER $100 MILLION COMMON STOCK AND $300 MILLION CONVERTIBLE SENIOR NOTES DUE 2031

• SABLE OFFSHORE CORP - TO USE PROCEEDS TO REPAY SENIOR SECURED TERM LOAN WITH EXXON MOBIL