The announcement of new partnerships is almost always seen as a noteworthy event by market participants, and on Tuesday, Zefiro Methane Corp. (OTC: ZEFIF) made an announcement with regards to some partnerships that it had signed. In this feature, we will take a closer look at the events from yesterday and their implications.
The Update
In the news release, the company announced that it had gone into partnerships with Geolabe and Keynum for the purpose of boosting its ability to discover leaking orphaned oil and gas wells as well as for issuing carbon credits. Geolabe is a tech company credited with having built the first entirely automated emissions detection system for the methane abatement sector. On the other hand, Keynum is an artificial intelligence and data science specialist.
Key Details
The company stated yesterday that the new capabilities would allow it to promote a range of synergies, which would be brought about through these partnerships. The agreements will introduce the power of artificial intelligence-backed data analytics to Zefiro Methane Corp’s operations and lead to greater efficiencies. At this point in time, it could be a good idea for investors to keep an eye on the Zefiro Methane Corp stock.