Good morning, everyone. My name is Jim Flores, and I am Chairman and CEO of the Board of Directors of Sable Offshore Corp. It is my privilege to welcome you to our 2026 Annual Meeting of the Stockholders. At this time, I'd like to introduce the Executive Vice President and Chief Financial Officer of Sable Offshore Corp., Gregory Patrinely, who will serve as the Chairman of this Annual Meeting. Gregory? Thank you, Jim. As Chair of this Annual Meeting of Stockholders, I would like to formally call the meeting to order. This meeting is held pursuant to the company's bylaws and the written notice sent to all stockholders of record as of April 20th, 2026. The agenda for the meeting has been posted on the virtual meeting website. Our Board of Directors fixed April 20th, 2026, as the record date for determining stockholders entitled to vote at this meeting. We have the proof required by Delaware law and our bylaws that the Notice of Annual Meeting, the proxy statement, the proxy card, and annual report for the fiscal year 2025 were mailed to stockholders commencing on April 30, 2026. The affidavit is available if any stockholder wishes to examine it, and it will be filed with the minutes of this meeting. The stockholder list shows that as of the record date, there were 151,962,430 shares of our common stock outstanding and entitled to vote at the meeting. The list of stockholders and the number of shares held by each such stockholder as of the record date is available on the virtual meeting website for any stockholder wishing to inspect it and is also available upon request. The Board of Directors appointed Broadridge Financial Solutions to act as Inspector of Election at this meeting. The Inspector of Election has been sworn in, and I have her oath, which will be included in the minutes of this meeting. I have been advised by our Inspector of Election that immediately prior to these proceedings, that the holders of a majority in voting power of all issued and outstanding shares of common stock entitled to vote are present or represented by proxy at today's meeting. With confirmation that a quorum is present, the business of the meeting may proceed. In addition to me and Jim, we also have two other company officers here with us. Joining me today via telephone are the following: Caldwell Flores, President and Chief Operating Officer, and Anthony Duenner, Executive Vice President, General Counsel, and Secretary. Various other members of our Board of Directors have joined us today via telephone. We also have representatives from Ham, Langston & Brezina LLP, our independent registered public accounting firm, in attendance who are prepared to answer any questions that stockholders may have. Anthony Duenner, our Executive Vice President, General Counsel, and Secretary, will serve as Secretary of the meeting and record the proceedings. The rules of conduct have been posted on the virtual meeting website. These rules apply to the meeting, our business presentation, and our Q&A session. In order to conduct an orderly meeting, we ask that all participants abide by these rules. Please note that no one attending the meeting via webcast or telephone is permitted to use any audio or video recording device. When the report of the Inspector of Election is complete, we will announce the preliminary results. If you have not already voted, please do so now. The polls opened today, June 10th at 8:00 A.M. Eastern Time for voting on all matters before the meeting. If you have provided your proxy card, your shares will be voted in accordance with your instructions. If you have not already voted and wish to vote, or if you wish to change your vote, the polls will remain open until we announce the closing of the polls, and you may vote by clicking on the voting button on the virtual meeting website and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. Moving on to the first formal item on our agenda. The first item of business presented for a vote is the nomination of one candidate for election for Class II Director to the Sable Offshore Corp. Board of Directors. The candidate for Director who has been nominated to serve as a Director by Sable Offshore Corp.'s Nominating and Corporate Governance Committee and Board of Directors is Gregory Pipkin. The proxy statement made available to you describes the nominee's experience and qualifications. No other nominations complying with the nomination procedures in the company's bylaws have been received, and the nominations are closed. Pursuant to the company's certificate of incorporation and bylaws, the company's Board of Directors is divided into three classes, with each class being elected every three years. At this meeting, Gregory Pipkin has been nominated as a Class II Director of the company to serve until the 2029 Annual Meeting ofS stockholders or until his successor has been duly elected and qualified. The board of directors has unanimously recommended that the stockholders vote for Gregory Pipkin as Director of Sable Offshore Corp. to serve and hold office until the 2029 Annual Meeting of Stockholders and until his successor has been duly elected and qualified. The second item of business presented for a vote is to ratify the appointment of Ham, Langston & Brezina LLP as the company's independent registered public accounting firm for the year ending December 31, 2026. The proxy statement made available to you describes their appointment and scope of work for Sable Offshore Corp. The Board of Directors has unanimously recommended that the stockholders vote for the ratification of Ham, Langston & Brezina LLP as Sable Offshore Corp.'s independent registered public accounting firm for 2026. I will now pause for a short moment to give stockholders a chance to finish voting. I now declare the polls closed, and the Inspector of Election will tabulate the votes. I understand that the votes have been counted and the preliminary report of the Inspector of Election has been delivered to Sable Offshore Corp. Any ballots collected before the polls close but not reflected in the preliminary report will be reflected in the final report of the Inspector of Election, which will be affixed to the minutes of the meeting. Following this meeting, the Inspector of Election will prepare the certificate of the inspector for the company once all votes are tallied, and the results will be detailed in a current report on Form 8-K, which we will file with the Securities and Exchange Commission. Anthony, will you please announce the preliminary results of the stockholders' vote on the two proposals at this time? The preliminary report of the Inspector of Election indicates that a sufficient number of votes were voted for each proposal, such that, one, Gregory Pipkin has been duly elected as a Class II Director of the company to serve until the 2029 Annual Meeting of Stockholders or until his successor has been duly elected and qualified. Two, the appointment of Ham, Langston & Brezina LLP as Sable Offshore Corp's independent registered public accounting firm for the year ending December 31, 2026, has been approved and ratified. Thank you, Anthony. That concludes today's formal business. As there are no other matters properly scheduled to come before the meeting, this meeting is now adjourned. I hereby request that the final report of the Inspector of Election be filed with the minutes of this meeting. Thank you everyone for your participation. At this time, we will now answer appropriate questions from stockholders. We can begin with those questions that we received in advance of today's meeting. We will then take stockholders' questions that are being entered today on the virtual meeting website. Please note that in accordance with the rules of conduct, we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting and submitted in accordance with the rules of conduct for the meeting will be addressed. That will conclude our question and answer session. Thank you everyone for your participation. Thank you. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.
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