Zefiro Awarded Three Federally Funded Well Plugging Projects in Ohio and Pennsylvania

Zefiro Methane Corp. (CBOE CA: ZEFI) (FSE: Y6B) (OTCQB: ZEFIF) , a North American environmental services company specializing in methane abatement and the plugging of orphaned and end-of-life oil and gas wells, today announced that it has been awarded three additional federally funded well-plugging projects in Ohio and Pennsylvania with a combined value of approximately US$1.9 million, covering a total of 12 orphaned wells.

In Ohio, Zefiro has been awarded the Trumbull 3F and Lake 18F projects, each consisting of four wells, representing approximately US$1.47 million in combined revenue. Zefiro was the only bidder on the Lake 18F project. Together, the two awards equate to an average of approximately US$184,000 per well, a premium of more than 40% to the US$129,997.93 average per-well cost 1 published under Ohio's Orphan Well Program, reflecting Zefiro's ability to command above-market rates for top-tier work.

The third project is located in Pennsylvania and covers four wells, which have lower construction costs and overhead expenses compared to the wells in Ohio. Based on this, management expects Zefiro to realize at least US$435,000 in revenue from this "Time & Materials" contract, which has provisions for further compensation in the event the project goes beyond its initial scope. Zefiro was also the only bidder on this project.

The wells sit within a five-minute drive of the Company's Bradford, Pennsylvania headquarters, which management expects to translate into minimal mobilization and operating overhead costs relative to comparable work. Management expects work across the three projects to begin in December 2026 or January 2027.

Under the terms of these government contracts, Zefiro retains discretion to perform the work at any point over the following 12 months. That flexibility allows the Company to prioritize time-sensitive private-sector work on a fast-response basis while slotting these federally funded projects into slower periods, supporting year-round utilization of crews and equipment in an industry where seasonal downtime is otherwise common.

Zefiro Chief Executive Officer Catherine Flax commented: "Being the sole bidder on two of these three projects, and securing Ohio pricing well above the state's published average cost per well, speaks directly to the market position our crews have built over decades of work in these basins. We continue to compete on reputation and execution rather than on price, and these awards demonstrate that customers are willing to pay for reliability."