Sable Offshore Corp. entered into an amendment to its Senior Secured Term Loan Agreement with Exxon Mobil Corporation, extending the Maturity Date to the earlier of July 24, 2026, or an acceleration event. The company agreed to pay a $30.0 million amendment fee to Exxon on June 22, 2026, and received a waiver of its $25.0 million minimum liquidity covenant. Sable Offshore Corp. operates in the energy sector, focusing on offshore oil and gas production.
