Zefiro Methane Corp. Chief Commercial Officer to Serve as Featured Speaker at United Nations COP29
Zefiro Methane Corp announced that CCO Tina Reine will be a featured speaker at COP29 in Baku, Azerbaijan. She will participate in a panel discussion about carbon markets, highlighting Zefiro's role in generating high-quality carbon credits through sealing abandoned oil and gas wells. The company's operations have secured carbon credit pre-sale agreements with institutional investors like EDF Trading and Mercuria Energy America. Recent estimates indicate millions of unplugged wells across the U.S., with projected sealing costs up to $435 billion. This appearance follows other high-profile engagements including NYC Climate Week 2024, Argus Europe Carbon Conference, and Wall Street Green Summit.
Zefiro Methane Corp ha annunciato che la CCO Tina Reine sarà una relatrice di spicco al COP29 a Baku, Azerbaijan. Parteciperà a un dibattito sui mercati del carbonio, evidenziando il ruolo di Zefiro nella generazione di crediti di carbonio di alta qualità attraverso la sigillatura di pozzi di petrolio e gas abbandonati. Le operazioni dell'azienda hanno ottenuto accordi di pre-vendita di crediti di carbonio con investitori istituzionali come EDF Trading e Mercuria Energy America. Recenti stime indicano milioni di pozzi non sigillati negli Stati Uniti, con costi di sigillatura previsti fino a 435 miliardi di dollari. Questa partecipazione segue altri impegni di alto profilo, tra cui la NYC Climate Week 2024, l'Argus Europe Carbon Conference e il Wall Street Green Summit.
Zefiro Methane Corp anunció que la CCO Tina Reine será ponente destacada en el COP29 en Bakú, Azerbaiyán. Participará en una discusión panel sobre los mercados de carbono, subrayando el papel de Zefiro en la generación de créditos de carbono de alta calidad mediante el sellado de pozos de petróleo y gas abandonados. Las operaciones de la empresa han asegurado acuerdos de pre-venta de créditos de carbono con inversores institucionales como EDF Trading y Mercuria Energy America. Las estimaciones recientes indican millones de pozos no sellados en EE. UU., con costos de sellado proyectados de hasta 435 mil millones de dólares. Esta aparición sigue a otros compromisos de alto perfil, incluyendo la NYC Climate Week 2024, la Argus Europe Carbon Conference y el Wall Street Green Summit.
제피로 메탄 코퍼레이션은 CCO 티나 레인이 아제르바이잔 바쿠에서 열리는 COP29에 주요 연사로 참여할 것이라고 발표했습니다. 그녀는 탄소 시장에 관한 패널 토론에 참여하며, 버려진 석유 및 가스 우물을 봉인함으로써 고품질 탄소 크레딧을 생성하는 제피로의 역할을 강조할 것입니다. 이 회사는 EDF Trading 및 Mercuria Energy America와 같은 기관 투자자와 탄소 크레딧 선판매 계약을 체결했습니다. 최근 추정에 따르면 미국 전역에 수백만 개의 덮이지 않은 우물이 있으며, 봉인 비용은 최대 4,350억 달러에 이를 것으로 예상됩니다. 이 참여는 NYC 기후 주 2024, 아르구스 유럽 탄소 회의 및 월스트리트 그린 서밋과 같은 다른 고위 프로필 행사에 이어서 이루어집니다.
Zefiro Methane Corp a annoncé que la CCO Tina Reine sera conférencière vedette à la COP29 à Bakou, Azerbaïdjan. Elle participera à une table ronde sur les marchés du carbone, mettant en avant le rôle de Zefiro dans la génération de crédits carbone de haute qualité grâce à l'étanchéité des puits de pétrole et de gaz abandonnés. Les opérations de l'entreprise ont sécurisé des accords de pré-vente de crédits carbone avec des investisseurs institutionnels tels que EDF Trading et Mercuria Energy America. Des estimations récentes indiquent des millions de puits non obturés aux États-Unis, avec des coûts de scellage projetés atteignant 435 milliards de dollars. Cette apparition fait suite à d'autres engagements de haut niveau, notamment la NYC Climate Week 2024, la conférence Argus Europe Carbon et le Wall Street Green Summit.
Zefiro Methane Corp hat bekannt gegeben, dass CCO Tina Reine als Hauptrednerin beim COP29 in Baku, Aserbaidschan, auftreten wird. Sie wird an einer Podiumsdiskussion über Kohlenstoffmärkte teilnehmen und Zefiros Rolle bei der Herstellung hochwertiger Kohlenstoffgutschriften durch die Versiegelung aufgegebener Öl- und Gasbohrlöcher hervorheben. Die Geschäfte des Unternehmens haben Vorverkaufsverträge für Kohlenstoffgutschriften mit institutionellen Investoren wie EDF Trading und Mercuria Energy America gesichert. Jüngste Schätzungen deuten darauf hin, dass es Millionen von nicht versiegelten Bohrlöchern in den USA gibt, wobei die erwarteten Versiegelungskosten bis zu 435 Milliarden Dollar betragen. Dieses Auftreten folgt anderen hochkarätigen Engagements, darunter die NYC Klimawoche 2024, die Argus Europe Carbon Conference und den Wall Street Green Summit.
- Secured carbon credit pre-sale agreements with major institutional investors
- Operating in a market with vast potential (millions of wells requiring $435B in sealing costs)
- Established profitable nationwide well-plugging operations
- None.
In addition to attending the conference with the Company’s Founder and CEO, Zefiro CCO Tina Reine will be featured as a panelist on a UN COP29 Climate Action Innovation Zone discussion regarding the future of the voluntary carbon marketplace
FORT LAUDERDALE, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced that the Company’s Chief Commercial Officer Tina Reine will serve as a featured speaker at the United Nations’ 2024 Climate Change Conference (“COP29”) tomorrow, November 13th, at 3:40 PM GMT+4 in Baku, Azerbaijan. In addition to attending the conference with Zefiro Founder and Chief Executive Officer Talal Debs, Ms. Reine will lend her expertise to a COP29 Climate Action Innovation Zone-sanctioned panel discussion entitled “Carbon Markets Unleashed: Navigating Net Zero and With Carbon Removals and Voluntary Strategies.”
Specifically, Ms. Reine will use her platform at COP29 to underscore how Zefiro’s commitment to generating high-quality carbon credits via permanently sealing abandoned and orphaned oil and gas wells across North America aligns with the voluntary carbon marketplace’s increasing demand for high-quality credits that make an immediate, positive impact upon public health. According to the latest expert estimates, there are millions of potentially noxious unplugged oil and gas wells spread throughout the U.S., and the projected cost to permanently seal these sites could be up to
Zefiro Founder and Chief Executive Officer Dr. Talal Debs commented, "From established commercial titans and government leaders to aspiring entrepreneurs and change-makers, COP29 attendees are not just talking about the future – they are helping actively shape it. Confronting our most pressing environmental remediation challenges will require a vast arsenal of public and private sector solutions, and we cannot wait to share our Company’s forward-thinking approach to reducing methane emissions across the globe with a unique audience of leading public policy and commercial influencers."
Zefiro Chief Commercial Officer Tina Reine commented, "Now more than ever, the voluntary carbon marketplace is seeking field-tested, results-oriented solutions that actually push countries and commercial entities alike closer to achieving their ambitious net-zero targets. Only tangible, verifiable initiatives will progress beyond this industry-wide inflection point, and Zefiro’s innovative blueprint for comprehensive methane abatement operations is aligned with the kinds of bold leaps forward that our collective global community needs to forge a cleaner, more sustainable future."
Ms. Reine’s official participation at COP 29 is the latest in a series of high-profile appearances and speaking engagements that have bolstered the Company’s position as a methane abatement sector thought leader. These opportunities have ranged from members of Zefiro’s senior leadership team hosting an event and participating in a number of sanctioned panel discussions at NYC Climate Week 2024, to Ms. Reine featuring as a panelist at the 2024 Argus Europe Carbon Conference, to Zefiro Board Member Catherine Flax addressing attendees of the 2024 Wall Street Green Summit.
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.
“Talal Debs”
Talal Debs, Founder & CEO
For further information, please contact:
Zefiro Investor Relations
1 (800) 274-ZEFI (274-9334)
investor@zefiromethane.com
For media inquiries, please contact:
Rich Myers - Profile Advisors (New York)
media@zefiromethane.com
+1 (347) 774-1125
Forward-Looking Statements
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.
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/.
FAQ
What major partnerships has Zefiro Methane Corp (ZEFIF) announced for carbon credit pre-sales?
What is the estimated market size for Zefiro Methane Corp's (ZEFIF) well-plugging operations in the US?
Where will Zefiro Methane Corp (ZEFIF) CCO Tina Reine speak at COP29?
