Welcome to our dedicated page for Zefiro Methane news (Ticker: ZEFIF), a resource for investors and traders seeking the latest updates and insights on Zefiro Methane stock.
Zefiro Methane Corp. (OTCQB: ZEFIF) generates a steady stream of company news centered on methane abatement, environmental services, and energy infrastructure projects. As an environmental services company operating within the oil and gas equipment and services space, Zefiro regularly reports on field operations, financial performance, and developments in its carbon offset activities.
Recent news has highlighted the work of Zefiro’s subsidiary Plants & Goodwin, Inc. (P&G), which executes plug and abandonment and infrastructure-improvement projects across multiple U.S. states. Updates have included the permanent decommissioning of marginal gas wells at a power plant site in Western Pennsylvania and a multi-step remediation program on previously plugged wells in the Lake Charles region of Louisiana to support construction of a new energy infrastructure facility.
Investors following ZEFIF news can expect coverage of project awards and completions, such as federally funded orphan well initiatives and contracts with private infrastructure developers. The company also issues releases on financial results, including quarterly and year-end earnings, revenue trends, expense management, and free cash flow, as well as information about debt reduction and balance sheet initiatives.
Additional news topics include carbon market activity, where Zefiro reports on the issuance and sale of methane-related carbon credits under methodologies like American Carbon Registry Project 959, and corporate governance and shareholder matters, such as annual and special meetings, insider share purchases, and board-level investigations or policy changes. For readers tracking the intersection of environmental remediation, methane reduction, and carbon markets, the ZEFIF news feed offers ongoing insight into Zefiro’s operations, contracts, and strategic focus.
Zefiro Methane Corp (ZEFIF) announced that its subsidiary Plants & Goodwin (P&G) has secured new contracts for well remediation projects. The contracts include 10 wells in Ashtabula County from the Ohio Department of Natural Resources (ODNR), adding to the 50 wells awarded in January 2025, of which 28 have been completed. Additionally, P&G obtained contracts from two private-sector clients in Pennsylvania for plugging 15 oil and gas wells.
The company recently completed 18 wells in Clarion County, Pennsylvania, including a significant $500,000 project addressing toxic water contamination. These developments demonstrate Zefiro's expanding presence in the Appalachian region's environmental remediation sector.
Zefiro Methane Corp (OTCQB: ZEFIF) has announced the appointment of Correne Loeffler to its Board of Directors. Loeffler brings over twenty years of experience in corporate and investment banking, along with expertise in information technology. She previously served as CFO of Key Energy Services, where she strengthened the company's financial position post-2020 restructuring.
Loeffler's experience includes roles as CFO for three publicly traded energy sector organizations and senior executive positions at JP Morgan and Callon Petroleum Company. The appointment aims to support Zefiro's growth in methane reduction projects and carbon credit portfolios.
Dr. Talal Debs, Zefiro's Founder and CEO, emphasized the importance of having diverse expertise on the Board to accelerate the company's commercial momentum. Loeffler expressed enthusiasm about addressing the market demand for plugging millions of orphaned and abandoned oil and gas wells across North America.
Zefiro Methane Corp (OTCQB: ZEFIF) announced that X Machina Sustainable Technologies (XMST) has filed a provisional patent for creating an industry-leading data portal for orphaned oil and gas wells across North America. The patent will provide access to a geographical interface incorporating:
- Satellite automated methane detection figures
- Proprietary field quantification data
- Critical attributes for AI model training
XMST will license the patent to Zefiro at no cost, aiming to improve the company's batch efficiency gain in methane gas capture operations. This initiative follows other technological partnerships, including the Zefiro Lifecycle Solution platform developed with CarbonAi Inc., focused on reducing costs and timeframes for well plugging and carbon offset certification.
Zefiro Methane Corp. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) announced that its Founder and CEO, Talal Debs PhD, was a featured speaker at the TCU Global Energy Symposium. The event, hosted by the Neeley School of Business and sponsored by JPMorgan and Double Eagle Energy Holdings, serves as a platform for energy industry leaders to discuss trends, share practices, and form commercial connections.
Dr. Debs participated in a panel titled “Managing Marginal & Orphaned Wells via Carbon Markets,” moderated by JPMorgan's Head of Operational Decarbonization, Taylor Wright. The panel addressed the public health benefits of plugging orphan wells and Zefiro’s focus on producing high-quality carbon credits to enhance the voluntary carbon marketplace.
Dr. Debs highlighted Zefiro's approach to tackling North America's orphan well problem and scaling operations nationwide. This appearance follows other notable engagements, including features on Bloomberg TV, the United Nations' Climate Change Conference, and Yahoo! Finance.
Zefiro Methane Corp (OTCQB: ZEFIF) announced its subsidiary Plants & Goodwin (P&G) has successfully completed the remediation of 18 orphan oil and gas wells in Clarion County, Pennsylvania. The state-funded project included plugging a critical well located six feet from a residence's water supply that was contaminating drinking water with excess iron.
The total cost to plug this particular well was nearly $500,000, significantly higher than the average cost of $105,000 per well. The project was executed as a subcontractor to Northwind Site Services, working with the Pennsylvania Department of Environmental Protection (PADEP).
PADEP has identified over 27,000 similar orphaned and abandoned well sites across Pennsylvania. Recent data indicates that 13 million U.S. households rely on private wells for drinking water, with 14 million Americans living within one mile of a documented orphan oil or gas well.
Zefiro Methane Corp (ZEFIF) has engaged TÜV SÜD America as a third-party validation and verification body for its projects listed on the ACRcarbon registry. This follows Zefiro's initial project listing on ACRcarbon, marking progress toward monetizing carbon offsets from its U.S. environmental remediation projects.
TÜV SÜD has completed initial screening and conducted its first site visit to collect emissions measurements, representing a important step toward Zefiro's first carbon credit issuance. Once approved, these credits will fulfill pre-sale agreements with Mercuria Energy America and EDF Trading.
Additionally, Zefiro has entered a 12-month marketing agreement with Insider Buying Inc., effective March 10, 2025, for investor relations and promotional services. The agreement involves an upfront payment of CAD $75,000 and monthly payments of CAD $25,000 for five months starting April 2025.