Dr. Talal Debs reports
ZEFIRO ANNOUNCES MEMBERSHIP IN CANADIAN PUBLIC-PRIVATE WORKING GROUP ADDRESSING ALBERTA'S ORPHANED AND MARGINAL OIL & GAS WELLS
Zefiro Methane Corp. has secured a membership position within
Drilling and Completion Committee's mature asset strategy working group, a collection of
public, private and non-profit sector stakeholders that are seeking to stem the proliferation of orphaned and marginal oil and gas wells throughout Alberta, Canada. Zefiro
founder and chief executive officer Dr. Talal Debs
first acknowledged the company's involvement in the working group while appearing alongside government of Alberta assistant deputy minister for air, climate and clean technology Patrick McDonald as a presenter and panelist at the
International Emissions Trading Association's event at the
United Nations' 2024 Climate Change Conference
(COP29) in Baku, Azerbaijan.
As part of Zefiro's efforts within the working group, Dr. Debs and
senior vice-president for business development Luke Plants
will lend their expertise and determine how the company can help promote the acceleration of abandoned oil and gas well remediation and marginal well management projects throughout Alberta. Specifically, Zefiro's
unique ability
to forge
an expanding oil and gas well plugging operation
that is partly financed by a diverse,
in-demand
carbon credit portfolio
will be an integral part of the high-level discussions regarding confronting the estimated
170,000 sites throughout Alberta
that can leak methane gas. Methane gas is capable of being
25
to
85 times as potent
as carbon dioxide emissions in terms of trapping heat in the atmosphere.
Dr. Debs commented: "From site identification to gas leak testing to permanent well plugging projects, the demand for our unique suite of methane abatement services continues to increase in key markets across North America. Our investment in forging a dedicated team of experts has provided us with decades worth of institutional knowledge across the entire Zefiro operation, and I look forward to collaborating with our colleagues in the working group to bolster ambitious new initiatives that can help more communities throughout Alberta address this legacy issue."
Zefiro's contribution to the working group is the latest in a series of high-profile appearances, speaking engagements and trade association memberships that have bolstered the company's position as a methane abatement sector thought leader. These opportunities and initiatives have ranged from Dr. Debs serving as a featured speaker at the UN COP29 sustainable innovation forum to 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
Zefiro chief commercial officer Tina Reine
participating 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 service company, specializing in methane abatement. Zefiro strives to be a key commercial force toward active sustainability. Leveraging decades of operational expertise, Zefiro is building a new tool kit 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 United States-based methane offsets, Zefiro aims to generate long-term economic, environmental and social returns.
We seek Safe Harbor.
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