As part of a segment on the orphaned oil and gas well problem in the U.S., Zefiro’s Dr. Talal Debs outlined the Company’s journey in which it has become North America’s single largest plugger of these sites, and the outsized role it has played in fostering the significant opportunities that remediating this legacy public health issue presents to an array of market participants
FORT LAUDERDALE, Fla., Feb. 18, 2025 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) Founder and Chief Executive Officer Dr. Talal Debs PhD was featured on the most recent episode of Bloomberg Television’s Wall Street Week (“Wall Street Week”), which originally aired this past Friday, February 14th, 2025, at 6 PM EST. The weekly program, which was created in 1970 for the Public Broadcasting Service and has been hosted by former president of ABC News David Westin on Bloomberg Television since 2020, is one of the most popular and longest-running series in the history of business television.
Zefiro Founder and CEO Talal Debs (Left) is pictured with Bloomberg Television anchor David Westin (Right) during an interview as part of Dr. Debs’ appearance in the latest episode of Bloomberg Wall Street Week
Zefiro Founder and CEO Talal Debs (Left) is pictured with Bloomberg Television anchor David Westin (Right) during an interview as part of Dr. Debs’ appearance in the latest episode of Bloomberg Wall Street Week
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As part of a segment detailing the various challenges related to stemming the proliferation of millions of potentially noxiousorphaned oil and gas wells across the U.S., Dr. Debs highlighted how Zefiro’s unique business model and market position as North America’s largest well plugging service provider could help more communities and private sector clients eliminate these sites. Specifically, Dr. Debs provided additional details on the Company’s well plugging process, various methods of fostering the commercial incentives required to fund these projects, and pathway to significantly increasing its environmental remediation service output.
This episode of Wall Street Week can be viewed at no cost on YouTube at the following link: https://youtu.be/9Keouse4rbk?si=pNmO6KJvv_XyJ83q&t=2445. Please note that the portion of the segment featuring Dr. Debs begins at approximately the 40:45 mark.
Zefiro Founder and Chief Executive Officer Dr. Talal Debs PhD commented, "Now more than ever, public and private sector stakeholders are searching for ways to attack this legacy issue in a manner that promotes economic growth, energy industry job security, and public health standards in countless communities across North America. Zefiro’s unique combination of field-tested environmental remediation services and carbon markets expertise has already helped clients across six states eliminate hundreds of these potentially noxious sites, and I appreciated the opportunity to not only detail our industry-leading product offerings, but also highlight our aggressive expansion efforts to Wall Street Week’s large audience of forward-thinking market participants.”
Reporters/Media: For any questions or to arrange an interview, please contact Rich Myers of Profile Advisors (New York City) by email at media@zefiromethane.com or by telephone at +1 (347) 774-1125.
About Zefiro Methane Corp.
Zefiro is an environmental services company, specializing in methane abatement. Zefiro strives to be a key commercial force towards Active Sustainability. Leveraging decades of operational expertise, Zefiro is building a new toolkit to clean up air, land, and water sources directly impacted by methane leaks. The Company has built a fully integrated ground operation driven by an innovative monetization solution for the emerging methane abatement marketplace. As an originator of high-quality U.S.-based methane offsets, Zefiro aims to generate long-term economic, environmental, and social returns.
On behalf of the Board of Directors of the Company,
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as “seeks”, “believes”, “plans”, “expects”, “intends”, “estimates”, “anticipates” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. 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. The forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to: (i) adverse general market and economic conditions; (ii) changes to and price and volume volatility in the carbon market; (iii) changes to the regulatory landscape and global policies applicable to the Company's business; (iv) failure to obtain all necessary regulatory approvals; and (v) other risk factors set forth in its Prospectus dated April 8, 2024 under the heading “Risk Factors”. The Company operates in a rapidly evolving environment where technologies are in the early stage of adoption. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including, but not limited to, the assumption that general business and economic conditions will not change in a materially adverse manner. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The forward-looking information included in this news release is made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.
Disclosures relating to investor relations firms retained by Zefiro Methane Corp. can be found under the Company's profile on SEDAR+ at www.sedarplus.ca/.
