Sable’s stock soared on Thursday following a favorable Santa Barbara County decision (letter pasted below).
Sable’s path is still rocky. Decommissioning specialist John Smith notes that “Sable faces a number of permitting obstacles not to mention litigation by the Environmental Defense Center and others who are committed to trying to stop the SYU restart. The next hurdle will be a Feb 25 Santa Barbara County hearing on an appeal of the ownership transfer from XOM to Sable. And we should not overlook the OCS related litigation on ownership transfer, SYU Development and Production Plan updates, and Court ordered prohibition on fracking absent a Fracking EIS and consultation.”
The County’s letter is pasted below. Note the diverse responsibilities of this SBC division: Energy, Minerals, Compliance & Cannabis 😀
Bud's Offshore Energy (BOE) 
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