Sable Offshore Corp. (NYSE: SOC) filed a motion today, 2025‑10‑08, to amend its lawsuit against the California Coastal Commission to quantify monetary damages in its inverse condemnation claim. The motion seeks damages in excess of $347 million, reflecting the company’s claim that the Commission’s cease‑and‑desist order unlawfully delayed its restart of the Las Flores Pipeline System.
The lawsuit stems from a November 2024 order that halted Sable’s anomaly repair program on the Las Flores Pipeline System. Sable complied with the order but completed the repairs in February 2025 after confirming authorization under local permits. The company argues the order caused unlawful delays and damages to its restart plans.
The filing is a material legal development that could lead to a substantial monetary award, potentially offsetting the high cash burn and debt obligations that have characterized Sable’s recent financial performance. The motion also signals the company’s aggressive stance to recover damages that may be critical to its liquidity and overall financial outlook.
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