February 15, 2024 | 1 minute read

HOUSTON – Bracewell LLP represented Sable Offshore Corp. in its successful closing of its previously announced purchase from Exxon Mobil Corporation of the Santa Ynez field in federal waters offshore California and associated onshore processing and pipeline assets.

Bracewell also advised on the merger of Sable with Flame Acquisition Corp. (NYSE: FLME, FLME.WS), a special purpose acquisition entity focused on the energy industry in North America, which changed its name to Sable Offshore Corp. (NYSE: SOC, SOC.WS) in connection with the merger.

Members of the Bracewell team included:

Partners: Jason M. Jean, G. Alan Rafte, Troy L. Harder, Molly E. Butkus, Heather L. Brown, Matthew B. Grunert, Jonathon K. Hance, Jason B. Hutt and Elizabeth L. McGinley

Counsel: Jacqueline R. Java

Associates: John L. Stavinoha III, Stephen C. McNamara, Anna K. Miller, Chase V. Edmunds, Nathan Guerra, Michael J. Muszik, Robert C. Kaltenbach, Dylan W. Benac, Sarah Orengo Lytal, Janie O. Callaway, Davis Ray and Kevin M. Voelkel