Sam Koppelman

speaker

1,054 appearances 5 recordings 1 series first heard Nov 2025 last heard 4 Sep

Sam Koppelman’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 5 in all, peaking in Aug 2026 with 2.

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Right.

So this is a group chat of investors in a company called Sable Offshore.

It kind of looked like the hangover to the hotel room in that movie, but with fewer women.

Yes, for Sable Offshore, which I can tell you a little bit of the lore behind.

I don't know if you remember, but in 2015, there was this giant oil spill in California.

Sable Offshore is trying to bring the pipeline responsible for that spill.

Well, Exxon did spend seven years trying to reopen this pipeline.

And every time they ran into problems getting it approved by California, which is understandably worried about a travesty like this happening again.

Exactly.

And for Exxon, cleaning up this pipeline, closing it down, would cost billions of dollars.

And so instead, they did something else with it.

They basically gave this oil project, the Santa Ynez unit, to this kind of cowboy oilman.

named Jim Flores, better known as Big Jim Flores on account of his large stature.

He is indeed an oil man.

And his career has been one befitting a Paul Thomas Anderson movie.

Big ups, big downs, big swings, sold a company for over a billion dollars, had another company go into bankruptcy.

And this

is kind of the last big swing for Big Jim.

They basically gave him a huge loan and was like, you can use our money to go take over this pipeline.

And maybe it doesn't work.

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