Plants & Goodwin Inc., a Subsidiary of Zefiro Methane Corp., Acquires a Minority Stake in, and Obtains an Exclusive U.S. Patent License from, Winterhawk Well Abandonment Ltd.
FORT LAUDERDALE, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) — Plants & Goodwin Inc. (“P&G”), a subsidiary of ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB:ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”), today announced the acquisition of a minority ownership interest in Winterhawk Well Abandonment Ltd. (“Winterhawk”) for an undisclosed amount. Winterhawk is a Calgary-based manufacturer of specialized downhole tools and technologies designed to expand casing in oil and gas wells to seal the leak pathways of surface casing vent flows. Sealing these methane leaks using conventional well decommissioning procedures is not always successful, but forward-thinking innovations patented by companies like Winterhawk can increase well intervention effectiveness and reduce costs.
Related news for (ZEFIF)
- Zefiro Methane Corp. Appoints Correne Loeffler Audit Committee Chair, Michael Downs Interim CFO
- Zefiro Methane Corp. Announces Quarterly Earnings with Revenue of USD $6.9 Million
- Zefiro Methane Corp. Subsidiary Secures Additional Plugging Contracts from State Government of Ohio
- Zefiro Methane Corp. Appoints Correne Loeffler to its Board of Directors
- Zefiro Methane Corp. Sponsor Entity Files Provisional Patent for Orphaned Oil & Gas Well Data Portal