In particular, this news release contains forward-looking information including statements regarding: the Company’s intention to reduce emissions from end-of-life oil and gas wells and eliminate methane gas; the Company’s partnerships with industry operators, state agencies, and federal governments; the Company’s expectations for continued increases in revenues and EBITDA growth as a result of these partnerships; the Company’s intentions to build out its presence in the United States; the anticipated federal funding for orphaned well site plugging, remediation and restoring activities; the Company’s expectations to become a growing environmental services company; the Company’s ability to provide institutional and retail investors alike with the opportunity to join the Active Sustainability movement; the Company’s ability to generate long-term economic, environmental, and social returns; and other statements regarding the Company’s business and the industry in which the Company operates.
Zefiro’s membership in the Alberta-based Drilling and Completion Committee’s "Mature Asset Strategy Working Group” will entail working alongside public, private, and non-profit sector stakeholders to promote the retirement of orphaned wells and proper management of marginal wells across the province.FORT LAUDERDALE, Fla., Dec.10, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP.(Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the "Company”, "Zefiro”, or "ZEFI”) today announced that the Company has secured a membership position within the Alberta, Canada-based Drilling and Completion Committee’s "Mature Asset Strategy Working Group” (the "Working Group”), a collection of public, private, and non-profit sector stakeholders that are seeking to stem the proliferation of orphaned and marginal oil and gas wells throughout the province.
Our investment in forging a dedicated team of experts has provided us with decades’ worth of institutional knowledge across the entire Zefiro operation, and I look forward to collaborating with our colleagues in the Working Group to bolster ambitious new initiatives that can help more communities throughout Alberta address this legacy issue.” Zefiro’s contribution to the Working Group is the latest in a series of high-profile appearances, speaking engagements, and trade association memberships that have bolstered the Company’s position as a methane abatement sector thought leader.
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