Board of Directors

Mr. Flores has served as Chairman and Chief Executive Officer of Sable Offshore Corp. since September 2021. Since 1982, Mr. Flores has had an extensive career in the oil and gas industry in the roles of Chairman, Chief Executive Officer, and President of five E&P companies, four of which were listed on the New York Stock Exchange. In 1994, he led Flores & Rucks, Inc. (NYSE: FNR) which was subsequently renamed Ocean Energy Inc. (NYSE: OEI) in 1997. In 2001, Mr. Flores became the Chairman and CEO of Plains Resources Inc. (NYSE: PLX) where, under his leadership, its E&P assets were spun off into Plains Exploration & Production Company (NYSE: PXP) and PLX was taken private in 2004. Mr. Flores served as PXP’s Chairman, CEO, and President when, after more than 10 years of substantial growth, PXP was acquired by Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), one of the world’s largest publicly traded copper producers, in May 2013. Mr. Flores served as Vice Chairman of FCX and as Chairman and CEO of Freeport-McMoRan Oil & Gas LLC (“FMOG”), a wholly owned subsidiary of FCX, until April 2016. From May 2017 until February 2021, Mr. Flores served as Chairman of the Board, Chief Executive Officer and President of Sable Permian Resources, LLC (“Sable Permian”). Mr. Flores is a member of the National Petroleum Council and he was inducted into the All-American Wildcatters in 1999. He was recognized as the Executive of the Year in 2004 in Oil and Gas Investor magazine. Mr. Flores received a B.S. degree in corporate finance and petroleum land management from Louisiana State University.

Mr. Sarofim is Vice Chairman of Fayez Sarofim & Co., President of Sarofim International Management Company and a Director of The Sarofim Group. He is a member of Fayez Sarofim & Co.’s Executive, Investment and Finance Committees, a co- manager of the mutual funds that Fayez Sarofim & Co. sub-advises for BNY Mellon and a portfolio manager for a variety of institutional and high net worth clients. Mr. Sarofim joined the firm in 1988 as an associate.

Mr. Dillard was a partner in the Houston office of Latham & Watkins, a member of the firm’s Corporate Department, and Co-Chair of the Mergers & Acquisitions Practice until January 2021. Mr. Dillard's practice encompassed extensive aspects of corporate and securities law, with special emphasis on mergers and acquisitions and securities offerings for companies in the energy industry. During his career, Mr. Dillard has been involved in M&A transactions valued in excess of $200 billion, including nine multibillion-dollar transactions. In the energy industry, he has been involved in M&A transactions valued in excess of $100 billion. In addition, Mr. Dillard has been involved in the issuance of debt and equity securities valued in excess of $50 billion, both publicly and pursuant to Rule 144A, on behalf of both issuers and underwriters.

Mr. Pipkin is currently a Senior Managing Director & Co-founder at NRI Energy. Prior to NRI, Mr. Pipkin served as a Managing Director in Barclays Investment Banking division in Houston, Texas. He was also Head of the Upstream Vertical team within the firm’s Natural Resources Group of the Investment Banking Division. After the financial crisis in 2008, Mr. Pipkin and the entire Lehman Brothers Houston office of 40 professionals joined Barclays. He has more than 30 years of experience advising upstream entities in both strategic roles and financing capacities as an underwriter.