Sable Resumes Oil Flow As Ordered By The Federal Dpa With Expected Gross Oil Rate Of 50,000 Bbls/D And Expects First Sales By April 1, 2026

March 16 (Reuters) - Sable Offshore Corp SOC.N:

• SABLE RESUMES OIL FLOW AS ORDERED BY THE FEDERAL DPA WITH EXPECTED GROSS OIL RATE OF 50,000 BBLS/D AND EXPECTS FIRST SALES BY APRIL 1, 2026

• SABLE OFFSHORE CORP - TO INCREASE CALIFORNIA DOMESTIC CRUDE OIL SUPPLY BY ABOUT 17%

• SABLE OFFSHORE CORP - EXPECTS FIRST SALES BY APRIL 1, 2026 AT 50,000 BBLS/D GROSS OIL RATE

• SABLE OFFSHORE CORP - ON MAR 13, PPC FILED LAWSUIT AGAINST CALIFORNIA DEPARTMENT OF PARKS AND RECREATION

• SABLE OFFSHORE CORP: PLANS TO REFINANCE ITS SENIOR SECURED TERM LOAN, DEPLOY ITS COMMODITY HEDGING PROGRAM AFTER STARTING FIRST SALES

• SABLE OFFSHORE CORP: ON MARCH 14, STATE PARKS SENT A LETTER TO CO CONTESTING SABLE'S RIGHTS UNDER DPA ORDER