17:03:37 EDT Wed 10 Jun 2026
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Zefiro Methane Corp
Symbol ZEFI
Shares Issued 75,682,730
Close 2026-06-09 C$ 0.69
Market Cap C$ 52,221,084
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Zefiro Methane adds four new corporate clients

2026-06-10 11:33 ET - News Release

Ms. Catherine Flax reports

ZEFIRO ONBOARDS FOUR MAJOR CORPORATE ENERGY CLIENTS AS NEW ACCOUNTS FOLLOWING ITS RECENT FLEET EXPANSION

Zefiro Methane Corp., along with its subsidiary, Plants & Goodwin Inc. (P&G), have taken on four new corporate accounts for plug-and-abandonment work, continuing the early-stage utilization of its added fleet capacity resulting from a recent equipment acquisition.

Highlights:

  • With its increased operating capacity, Zefiro has taken on new corporate clients, including three publicly traded players in the energy space whose combined market capitalization exceeds $140-billion (U.S.).
  • This builds upon Zefiro's recent additional rig deployment for a natural gas producer that was partly made possible by the introduction of five more rigs to Zefiro's fleet.
  • These developments are helping to substantiate management's prediction that the acquisition of these rigs/equipment will add approximately $10-million (U.S.) in annual revenue to the company's earnings.
  • The work to be performed for these new accounts will primarily take place in Ohio, where Zefiro subsidiary P&G also just started work on a three-year, $19.6-million (U.S.) construction-manager-at-risk contract.
  • Zefiro subsidiary P&G has already hired 20 new employees to service these four new accounts, with at least 20 more to be recruited in the near future.

Three of the new accounts are publicly traded energy industry participants, with a combined market capitalization of more than $140-billion (U.S.). Their specialties include oil/gas exploration and production, hydrocarbon exploration, and infrastructure facilities (for example, pipelines and terminals).

The work to be performed for these new accounts will consist of remediation for several types of wells including oil/gas production wells, gas storage wells, injection wells and salt wells.

Most of the initial work being done for these new accounts will be on job sites located in Ohio, where P&G is already active. This month in Ohio, P&G will begin carrying out the initial stages of work for a three-year construction-manager-at-risk (CMAR) contract administered by the Ohio Department of Natural Resources, an engagement that management expects to generate approximately $19.6-million (U.S.) in revenue through May, 2029.

Additionally, some of the work to be performed for these new accounts will be on job sites located in Indiana. This will mark Zefiro/P&G's official debut of operations in a ninth U.S. state, after gaining capabilities in five new states as a result of the Viking equipment acquisition last month, for a total of 13 states.

P&G has added 20 new employees to its roster to service these four new corporate accounts, with at least 20 more positions to be filled. Interested candidates in areas including Lore City and Cambridge, Ohio, can view and apply to these job postings under current openings on the careers page of the P&G website.

Zefiro chief executive officer Catherine Flax commented: "I am very proud of our team's proven ability to execute, between meaningfully expanding Zefiro's operating capacity and taking on multiple new major energy accounts as clients in such a short time. Zefiro's core operations continue to drive positive and scalable business value, especially as corporate players in the energy industry are only increasing their efforts to remediate well sites that can become long-term environmental hazards. We are excited to keep utilizing the new additions to our operating fleet as we seek to consistently deliver results for our shareholders."

About Zefiro Methane Corp.

Zefiro is a North American environmental services company focused on strategically addressing asset retirement obligations and reducing methane emissions. With fully integrated operations, Zefiro quantifies emissions from oil/gas operations, provides turnkey decommissioning services and generates carbon offsets. Zefiro's suite of solutions takes a holistic approach to generating cost-effective and stable energy while eliminating negative environmental impacts.

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