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FORT LAUDERDALE, Fla., March 14, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB US: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced a series of commercial and structural initiatives aimed at accelerating the Company’s forward momentum. These updates will drive operational expansion and efficiency implementing innovative A.I. technologies throughout Zefiro’s project portfolio.
Catherine Flax is an experienced Wall Street banker and commodities executive, who was recognized by Financial News (Dow Jones) as the Most Influential Woman in European Investment Banking in 2012. This coming Tuesday, Ms. Flax will be speaking on a panel about investing in fossil fuels at the SuperReturn Energy North America event in Miami.
Zefiro will work with numerous partners, including Geolabe, Keynum, and CarbonAi, to implement artificial intelligence and blockchain-backed solutions that will accelerate the Company’s well identification and carbon credit issuance efficiency by approximately 50 percent
This figure represents an approximate 9% year-over-year expansion of revenue
As part of the department’s “Annual Report to Congress” for the Orphaned Wells Program, Zefiro Senior Vice President of Corporate Development Luke Plants was quoted in his capacity as CEO of Plants and Goodwin, Inc. (“P&G”), which is a subsidiary of Zefiro. Mr. Plants detailed P&G’s 40% increase in its workforce and the impact of the Bipartisan Infrastructure Law on their nationwide plugging operations
The new projects are the latest in a series of recent public and private sector partnerships that have established Zefiro as one of North America’s leading methane abatement service providers. In 2023 alone, Zefiro remediated 200 methane well sources, ultimately eliminating approximately 100,000 tons of CO2 equivalent.
The latest version of the corporate presentation highlights both Zefiro’s recent corporate milestones and prioritization of setting the ‘gold standard’ within the methane abatement sector
The Company achieved numerous commercial milestones in 2024, including increased profitability, launching an initial public offering, moving into new marketplaces, securing key strategic acquisitions and partnerships, and finalizing landmark carbon offset presales
The webinar, entitled “Carbon Avoidance Credits in Oil and Gas Well Plugging,” will highlight Zefiro’s efforts to generate high-quality carbon offset products from their nationwide orphaned well plugging operations
Representing the largest methane abatement services provider featured at the conference, Dr. Talal Debs detailed Zefiro’s North American methane abatement operations. Dr. Debs also highlighted the Company’s high-quality carbon offset portfolio at the International Emissions Trading Association’s (“IETA”) official COP29 event.