We're proud to welcome Halfway River Group — a collection of companies and limited partnerships owned by Halfway River First Nation — as an investor in our methane elimination technology, now being rapidly deployed across North America.
Our system replaces methane with nitrogen, a clean, inert gas, to power pneumatic devices at oil and gas well sites. The technology is especially well suited for the hundreds of remote locations on Treaty 8 territory that operate without grid power and require a simple, reliable off-grid solution.
"Halfway River Group's investment in an innovative solution that supports oil and gas development alongside environmental stewardship is admirable," said Dick Brown, President and CEO of Kathairos.
Chief Darlene Hunter of Halfway River First Nation added that the investment reflects the Nation's commitment to cultural heritage and environmental stewardship, while encouraging industry to adopt technologies that reduce impacts within their traditional territory.
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ABOUT HALFWAY RIVER GROUP
The Halfway River Group is the trade name for the collection of companies and limited partnerships that are owned by the Halfway River First Nation. The Halfway River Group exists to stimulate economic growth through strategic and leveraged investments that build a stronger and more diversified economic base for the members of the Halfway River First Nation.
ABOUT KATHAIROS SOLUTIONS
Kathairos has emerged as a leading North American solution for well site methane elimination from pneumatic devices, operating in partnership with more than 50 oil and gas producers across North America. Kathairos is proudly committed to solving the problem of methane venting reliably, economically and at scale, enabling producers to meet ambitious decarbonization targets and regulatory timelines. Learn more at https://www.kathairos.com.
Read the full new release here.