
| News Release |
July 23, 2009 |
| NXT Energy Solutions Inc . |
(TSX.V - SFD) (OTCBB-NSFDF) (Frankfurt-EFW) |
NXT Attending At Exploration Symposium In Colombia
09:19 EDT Thursday, July 23, 2009
CALGARY, ALBERTA--(Marketwire - July 23, 2009) - NXT Energy Solutions Inc. ("NXT" or "the Company") (TSX VENTURE:SFD)(OTCBB:NSFDF)(FRANKFURT:EFW) is pleased to announce its participation at the 10th Symposium of Bolivariano Petroleum Exploration in Cartagena, Colombia from July 26th to 29th, 2009. At the Symposium, the Company will showcase the capabilities of its SFD(R) technology and past success within the demanding and growing Colombian marketplace. NXT's attendance at this Symposium highlights its commitment to undertake focused sales and marketing efforts in Colombia.
"The recently completed SFD(R) survey in Colombia for Pacific Rubiales Energy Corp., one of the leading and fastest growing exploration & production companies in the country, has demonstrated the role SFD(R) surveys can play in opening up the vast under-explored basins of Colombia" said George Liszicasz NXT's President and CEO.
Please visit NXT at Booth 41 at the Symposium. In addition to Mr. Liszicasz, NXT will be represented by all members of its senior management team; including Murray Christie, the Company's Chief Operating Officer, Andy Steedman, Vice President Operations and Ken Rogers, Chief Financial Officer of NXT. The NXT team will be available to discuss high altitude SFD(R) survey applications in both onshore and offshore environments throughout the world.
About NXT Energy Exploration Technologies Inc.
NXT is in the business of providing wide-area airborne exploration services to the oil and gas industry. The Company utilizes its proprietary SFD Survey System to offer its clients a unique service to rapidly identify sub-surface structures with reservoir potential in sedimentary basins with no environmental impact. The value of the service is providing clients with an efficient, cost effective method of surveying large tracts of land and delivering an inventory of SFD prospects with high potential.
Additional information about NXT and the SFD technology is available on the Company's website -www.nxtenergy.com.
Forward-Looking Statements
This news release may include forward-looking statements including opinions, assumptions, estimates and expectations of future prospects for the Company and financial projections. When used in this document, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "project," "plan," "will," "should" and similar expressions are intended to be among the statements that identify forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable; there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, the volatility of oil and gas prices, the ability to implement corporate strategies, the state of capital markets, the ability to obtain financing, changes in the oil and gas industry, operating risks, reserve estimates, changes in general economic conditions and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities.
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