SOC’s Paths to Production: Easy, Hard, and Sideshow

3 months ago

Triple S Special Situations Investing

"SOC (overview): 50,000+ BOPD restart via easy path (Fire Marshal approval 90% done, 10-day Geck injunction lift) or hard FPSO federal waters bypass. Main risk: delay past Jan 1 triggers SB237. $625M loan due Jan 10 to Exxon. Legal cases mostly theater. Wells active, 540k BBL storage full."

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