TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its third-quarter 2025 consolidated financial results and operational highlights. All financial references are denominated in U.S. dollars, unless otherwise noted. Company Highlights: The Rwanda Cookstoves project has been approved by Verr ...

Core Insights - Zefiro Methane has successfully originated carbon credits based on confirmed emissions reductions of 92,956 metric tonnes of CO2 equivalent from a remediation project in Custer County, Oklahoma, marking a significant milestone in the voluntary carbon market [2][4][10] - The company has delivered its first tranche of carbon credits to Mercuria Energy America, LLC, fulfilling a pre-sale agreement and establishing a new revenue stream [5][16] - Zefiro's operations have generated USD $24.4 million in revenue for the first three fiscal quarters of 2025, indicating strong financial performance [5] Carbon Credit Issuance - The carbon credits were issued under the American Carbon Registry's (ACR) new methodology for quantifying emissions reductions from plugging orphaned oil and gas wells [8][9] - The ACR959 project involved a well located on privately owned land in Custer County, Oklahoma, with post-plugging monitoring confirming compliance with ACR methodology [10] Revenue Streams and Contracts - The successful issuance of carbon credits represents a new revenue stream for Zefiro, supplementing its existing earnings from core operations [5] - Zefiro has also secured its first revenue from methane monitoring, with an USD $800,000 contract with the West Virginia Department of Environmental Protection [6] Market Position and Future Outlook - Zefiro aims to leverage the voluntary carbon markets as a funding source for the remediation of orphaned wells, reducing reliance on taxpayer resources [17] - The company is positioned to rapidly generate more carbon credits from current and future environmental remediation projects, addressing the supply deficit in American-originated carbon offsets [18] - Zefiro's management emphasizes the importance of transparent and verifiable emissions reductions to meet the demands of institutional end-users in the carbon markets [18]