Cashed out software mogul, dividend growth investor, family, friends, wine, travel, gravel cycling. “I made a fortune getting out too soon.” –J. P. Morgan

Joined July 2009
118 Photos and videos
$SOC Krop failed in her attempt to move case back to Geck. Judge didn’t buy CA demand that Sable is bound by the consent decree and must honor fire marshal authority. DOJ position was federal supremacy and the facts on the ground have changed. 1/2
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$SOC Judge requested a joint statement of facts from CA DOJ to use as the basis for his ruling. PHMSA will likely replace FM in CD. California demenour was unhappy. Judge will not shut the pipeline down. Ruling in three weeks?
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$SOC Linda Krop cited Honolulu vs Conoco. Judge asked questions Krop couldn’t answer. 1987 (?) case, law changed since then, she was caught with her pants down. 😷 Judge knew the case. Geck is sidelined.
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Judge Wilson to CA: Are you trying to tell me that the CA Fire Marshal knows more than PHMSA? Judge Wilson was skeptical of California’s arguments.
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$SOC Hey DOJ, I have a tip for you. lol
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$SOC Today’s news from Sable is all good. JPM leading the refinancing, offshore buoy for international sales, visit by three cabinet secretaries. What more could you want?
Replying to @harvesttrad
64c reserve replacement cost using esp’s and perforations. JP Morgan led debt market term loan(bridge) to take out Exxon. Access the bod market by years end (ish). Establish access to global refinery markets by adding a bouy and a new pipeline in and out of LFC. Help from Feds on all regulatory issues there. Could include condemnations if I heard it right.
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$SOC “Burgum and Duffy on-site this week.” The US Secretary of the Interior and the Secretary of Transportation are personally visiting the SYU this week and the stock is down. 🤣 There has never been a better buy signal.
Fed to offer $SOC “operational support as opposed to financial support.” $SOC doesn’t quality for federal support because of significant cash flow profile over coming decades. Flores does not come across as nervous regarding the refi. Burgum and Duffy onsite this week.
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Yes @VictoryII1, AND WRIGHT! Secretary of Energy Chris Wright, and the Sec of Transportation, and the Sec of Interior are all three visiting $SOC. And the market takes the stock down. The market get it wrong, creating a mega buying opportunity.
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$SOC Judge Wilson rips Parks for blatantly presenting a rodent burrow as a sink hole under the pipeline. Rules against California. The dominoes are falling. Timber!
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$SOC The state’s case, along with all of the enviro co-conspirator’s, is cooked. Fed Judge Wilson is having none of the nonsense that passed for evidence and procedure in Anderle’s and Geck’s circus courts. No wonder the CCC lawyers looked so grim at Anderle’s hearing. They knew.
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$SOC mark your calendars. Judge “Do the right thing” Anderle’s hearing is next Wednesday, May 20 at 10AM. Attend on Zoom. Let’s see if he does the right thing when backed into a corner. zoomgov.com/j/1604775408?pwd…

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$SOC Important appellate hearing coming up on Thursday. ON THE COURT'S OWN MOTION, oral argument scheduled on Thursday, May 14, 2026, at 1:30 p.m. Sable v. CCC Trial Court: 25CV00974 Appeal: B347601 appellatecases.courtinfo.ca.…

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$SOC Not good AB-1448 has risen from the dead. 04/28/26 Read second time and amended. Ordered returned to second reading. Coastal resources: California Coastal Sanctuary: tidelands and submerged lands: oil and gas development. leginfo.legislature.ca.gov/f…

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$SOC Greens are not happy today.
A cluster of oil platforms off the California coast has begun selling crude for the first time in over a decade, shipping supplies to a Chevron refinery near Los Angeles, per Bloomberg
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$SOC Based on the total volume of approximately 540,000 to 556,000 barrels required to fill the entire 124-mile system (Segments 324 and 325), the time it takes to fill the line depends entirely on the pumping rate. At 60,000 BPD: about 9 days.
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$SOC Sable dawg says, “Three days of higher closed! Woof!”
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$SOC They’re here.
Honest miss: $SOC SHORT at $8.25. Scored 48. Momentum squeeze. Now $16.95. Stopped out at -105% in 24 days. Showing misses matters more than hiding them. Not financial advice.
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$SOC Chevron Corp. is planning to buy some of the first shipments of crude from Sable Offshore Corp.’s platforms off the coast of Santa Barbara. The intention by Chevron to buy an initial 20,000 barrels a day of oil is another boost for Sable.
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$SOC Nice find Eggs. The website has been updated. First sale achieved.
$soc Looked at the web site lately?
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