10:24:49 EST Wed 14 Jan 2026
Enter Symbol
or Name
USA
CA



ZEFIRO METHANE CORP.
Symbol ZEFI
Shares Issued 75,682,730
Close 2026-01-13 C$ 0.39
Market Cap C$ 29,516,265
Recent Sedar+ Documents

ORIGINAL: Zefiro Subsidiary Receives Official Approval to Begin Three-Month Energy Infrastructure Project in Louisiana Valued at Over USD $5 Million

2026-01-14 07:31 ET - News Release

  • Zefiro subsidiary P&G has begun a complex multi-step remediation project on nine previously plugged wells located in the Lake Charles region of Louisiana.
  • The project is expected to last for approximately 90 days and play a key role in enabling the development of a major energy infrastructure facility which is set to have its first production take place in 2029.
  • Zefiro's operations have expanded to an eighth state, which is a 100% increase compared to 2023.

Fort Lauderdale, Florida--(Newsfile Corp. - January 14, 2026) - ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) (the "Company", "Zefiro", or "ZEFI") is pleased to announce that its subsidiary Plants & Goodwin, Inc. ("P&G") has obtained all necessary approvals to begin work on a plug-and-abandonment program to support new infrastructure development in the Lake Charles region of Louisiana, as initially announced in Zefiro's December 18, 2025 press release.

These approvals include two permits from the Louisiana Department of Conservation and Energy as well as a Notice to Proceed from the private infrastructure developer who is engaging P&G, representing the official "Go-Ahead" to commence work.

This project consists of remediation to be done on nine wells, which are located on the build site for a new energy infrastructure facility. Although these nine wells had previously been plugged to industry standard (cut off four feet below surface), construction requirements for the new energy facility dictate that all of these wells must be (i) Excavated, (ii) Cleaned Out, (iii) Re-Plugged, and (iv) Cut Off Between 10 and 60 Feet Below Surface.

The total duration of this project is expected to be approximately 90 days, with total revenue of more than USD $5 million.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/11799/280241_82d715bab42d2b59_001.jpg

Two P&G crew members are pictured working on the site access to Well #5 on the company's first Louisiana project. The inset photo shows the "Well Box" that was installed on Well #5, used to contain the immediate surroundings of the wellhead.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11799/280241_82d715bab42d2b59_001full.jpg

Readers using news aggregation services may be unable to view the media above. Please access SEDAR+ or the Investors section of the Company's website for a version of this press release containing all published media.

P&G Chief Executive Officer Luke Plants commented, "I am very excited about the recent success at Zefiro and our pipeline of projects. This is a reflection of a strong management team that is working together to grow shareholder value. The United States is continuing to undergo key transformations in its energy infrastructure, which often requires complex remediation work to be undertaken for new construction or redevelopment of energy-related facilities. At P&G, we take pride in staying on top of unique types of work for which demand is increasing in light of broader shifts across the industry, and we are pleased to have this opportunity to make a difference in southern Louisiana where a major new energy facility is currently being built. Projects such as these allow us to truly demonstrate the full scope of our capabilities, which we believe will help to establish P&G's presence in the Gulf Coast region, where we hope to start taking on additional work in the 2026 year."

Zefiro Chief Executive Officer Catherine Flax added, "This project represents several new beginnings for Zefiro as we kick off the 2026 calendar year. Besides expanding into yet another U.S. state and adding to our portfolio of infrastructure-improvement work, having operations in a Southern climate enables P&G to more thoroughly utilize its equipment and crews during the winter months. This enables us to enhance the Company's overall yield by carrying out ground-level operations year-round. Our team is very excited about these developments, bringing a very strong start to the year 2026 for Zefiro and P&G with a continued focus on core operations with a proven ability to drive revenue."

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,

ZEFIRO METHANE CORP.

Catherine Flax

Chief Executive Officer

For further information, please contact:

Zefiro Investor Relations
1 (800) 274-ZEFI (274-9334)
investor@zefiromethane.com

Forward-Looking Statements

This news release may contain forward-looking statements within the meaning of applicable securities laws, including U.S. and Canadian securities regulations and laws. These forward-looking statements are based on current expectations, estimates, projections, beliefs, and assumptions of management, including those of Zefiro Methane Corp., as of the date of this news release. Forward-looking statements typically include words such as "anticipates," "outlook", "seeks", "expects," "intends," "plans," "believes," "estimates," "may," "will," "should," "could," "would," "continue," "forecast," "potential," "targets," "goals," "vision," "strategy," and similar expressions or variations thereof. These statements may relate to, among other things, the Company's operational outlook, expansion plans, future direction, strategic initiatives, business plans, regulatory environment, growth prospects, pipeline, financial performance, timing and scope of projects, future market conditions, funding and capital requirements, partnerships, or other business developments. 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.

In addition, any statements made in this news release are not guarantees of future performance and are subject to a number of known and unknown risks, uncertainties, and other factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to: fluctuations in commodity prices, changes in regulatory or political environments, operational risks, financing risks, market demand for emissions reduction or environmental services, delays in project execution, reliance on third-party partners or vendors, competition, and the overall economic environment. For a more detailed discussion of these factors and other risks, see the section entitled "Financial Risks" in Zefiro's management's discussion and analysis for the year ended June 30, 2025 and "Risk Factors" in Zefiro's annual information form for the year ended June 30, 2025, each of which is available under Zefiro's profile on SEDAR+ at www.sedarplus.ca.

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) Successful completion of P&G's project in Louisiana as described in the news release; (iii) Changes to the regulatory landscape and global policies applicable to the Company's business; (iv) Failure to obtain all necessary regulatory approvals; as well as other risk factors set forth in the Company's most recent Prospectus 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.

Zefiro Methane Corp. does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements.

Also, this news release may include market and industry data obtained from various publicly available sources and other sources believed by the Company to be true. Although the Company believes it to be reliable, the Company has not independently verified any of the data from third-party sources referred to in this presentation or analyzed or verified the underlying reports relied upon or referred to by such sources, or ascertained the underlying assumptions relied upon by such sources. The Company does not make any representation as to the accuracy of such information.

This news release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Zefiro Methane Corp., nor shall it form the basis of or be relied upon in connection with any investment decision.

Statement Regarding Third-Party Investor Relations Firms

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280241

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