- CEO
- Catherine Flax-Kosecki
- Full Time Employees
- 3
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- Vancouver Canada
- IPO Date
- Apr 23, 2024
- Business
- Zefiro Methane Corp. is an environmental services and carbon project development company that specializes in the identification, measurement, monitoring, and permanent plugging of orphaned and abandoned oil and gas wells to eliminate methane emissions. Founded in 2021 and headquartered in Vancouver, British Columbia, Canada, with United States operational headquarters in Fort Lauderdale, Florida, the company focuses on remediating legacy environmental liabilities while generating high-integrity voluntary carbon credits.
The company operates through integrated environmental field services and carbon credit origination segments. Its core products and services include well plugging and abandonment services, comprising downhole cementation, casing cutting, casing pulling, surface remediation, and complete wellsite reclamation; methane leak detection, quantification, and monitoring services, utilizing specialized field flux measurement, optical gas imaging, and post-plugging verification protocols; carbon offset origination, certification, and commercialization, encompassing project design document preparation, independent third-party verification under standards such as the American Carbon Registry, registry issuance, and voluntary carbon credit sales; and regulatory compliance, technical consulting, and environmental data management for commercial energy operators, private landowners, and state and federal governmental agencies.
The company executes field operations through its wholly owned operating subsidiary, Plants & Goodwin, Inc., which provides specialized service rig fleets, downhole wireline units, and plugging crews across the Appalachian Basin, including operations throughout Pennsylvania, Ohio, New York, and West Virginia. Recent major corporate and operational developments include the completion of the company's initial public listing on Cboe Canada under the ticker symbol ZEFI in April 2024, followed by trading listings on the OTCQB Venture Market and Frankfurt Stock Exchange. Additionally, the company entered into strategic commercial distribution and pre-purchase agreements for its certified methane abatement credits with global energy and commodity trader Mercuria Energy Group. Zefiro has also expanded its operational capacity to execute state and federal orphan well plugging contracts funded under the U.S. Federal Bipartisan Infrastructure Law and the REGROW Act, broadening its deployment of proprietary measurement and plugging workflows across high-emitting legacy North American energy basins.