ZC

Zefiro Methane Corp.

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Zefiro Methane Corp. - Company Market Research Report



Company Overview


  • Name: Zefiro Methane Corp.

  • Mission: Zefiro strives to be a key commercial force towards Active Sustainability by building tools to clean air, land, and water affected by methane leaks and generate high-quality U.S.-based methane offsets.

  • Founded by: No information is available about when the company was founded.

  • Key People:

  • Talal Debs – Founder & CEO

  • Mohit Gupta – Chief Financial Officer

  • Tina Reine – Chief Commercial Officer

  • Richard Walker – Chief Technology Officer

  • Luke Plants – Senior Vice President of Corporate Development

  • Matthew Brooks – Head of Operations

  • Headquarters Location: Fort Lauderdale, Florida, USA

  • Number of Employees: No information is available.

  • Revenue: Generated record revenue of $32.8 million USD for the fiscal year ending June 30, 2024.

  • What is the Company Known For: Zefiro is known for methane abatement and the generation of carbon offsets, aiming to address the orphaned methane problem through innovative environmental services.


Products


  • Products Offered:

1. Methane Offsets
  • Description: High-quality U.S.-based methane offsets generated by sealing defunct oil and gas wells.

  • Key Features: Verified by certified third-party auditors, part of efforts to mitigate dangerous methane emissions.


  • High-Level Description of Products: Zefiro provides comprehensive environmental services focusing on methane abatement, leveraging operational expertise to clean up methane leak sites.


Recent Developments


  • Recent Developments:

  • Inaugurated trading on the OTCQB in the U.S. "The Venture Market" under the symbol "ZEFIF".

  • Completion of Pennsylvania's first Infrastructure Investment and Jobs Act-funded oil well remediation project.

  • Expanded operations into new U.S. geographies, notably Oklahoma, boosting the company's portfolio and operational capacity in environmental services.

  • New Products Launched: No specific new products are launched beyond methane offsets indicated.

  • New Features Added to Existing Products: Partnership with Fiùtur to provide digital lifecycle and verification services for methane leak abatement.

  • New Partnerships:

  • Entered a strategic partnership with Fiùtur to enhance product lifecycle services.

  • Acquired Appalachian Well Surveys, Inc., enhancing operation capabilities.

  • Purchased a minority stake in Winterhawk Well Abandonment Ltd. with a U.S. patent license agreement.


Notable Highlights


  • Zefiro achieved record revenues and adjusted EBITDA for the year ended June 30, 2024.

  • Initiated an Initial Public Offering on the Cboe Canada stock exchange.

  • Engaged in aggressive expansion and enhancement of its operational capabilities and was involved in strategic transactions to support environmental service delivery.