Sable Offshore replaces auditor after Ham, Langston and Brezina asset sale
On July 10, 2026, Ham, Langston and Brezina, LLP (HL&B) resigned as Sable Offshore's independent registered public accounting firm following HL&B's completion of an asset transaction in which CohnReznick LLP acquired certain assets of HL&B. With Audit Committee approval, CohnReznick was engaged as the company's auditor for the fiscal year ending December 31, 2026. HL&B's prior audit reports on the company's consolidated financial statements contained explanatory paragraphs regarding going-concern uncertainty but no adverse opinions, disclaimers, or qualifications on other grounds.
Key facts
- HL&B resigned July 10, 2026; CohnReznick engaged as new auditor with Audit Committee approval
- HL&B's resignation followed its completion of an asset transaction in which CohnReznick acquired certain assets of HL&B
- No disagreements or reportable events under Item 304(a)(1)(iv)–(v) of Regulation S-K during years ended December 31, 2025 and 2024 and interim period through July 10, 2026
- HL&B audit reports contained explanatory paragraphs regarding ability to continue as going concern
- No prior consultation between company and CohnReznick on accounting principles, audit opinion, or disagreements
Why it matters
The auditor change results from a structural acquisition of HL&B's assets by CohnReznick rather than a performance or disagreement issue; the company's going-concern considerations disclosed by the prior auditor may be relevant to investor assessment of operational risk.
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Derived from 8-K filed 2026-07-13. Not investment advice. View the source filing on SEC.gov →