CALGARY, Alberta, July 09, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that it has received an additional $2.1 Million USD on its $8.9 million USD Nigerian SFD® survey bringing total payments to date to $5.7 million.  A further payment of $0.4 million for performing the second milestone is expected to be paid later this month.

NXT will present preliminary interpretation findings for the entire 5,000 line-kilometer survey during the week of July 22, 2019 in Nigeria.  The Company will also discuss the potential utilization of SFD® … Continue Reading

CALGARY, Alberta, July 03, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that it has received an additional $2.3 Million USD on its $8.9 million USD Nigerian SFD® survey that was payable following the completion in May 2019 of the data acquisition phase of 5,000 line kilometers of SFD® data.  A $1 million advance payment was received in May 2019. 

A further payment of $2.5 million under the contract is due later this month.

NXT has been invited to present preliminary interpretation findings of the entire survey … Continue Reading

CALGARY, Alberta, June 27, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to provide the voting results from its Annual Meeting of Shareholder held on June 25, 2019.

Shareholders voted on and approved the following proposals:

CALGARY, Alberta, May 15, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2019.  All dollar amounts herein are in Canadian Dollars.  … Continue Reading

CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its first quarter 2019 financial and operating results for the quarter ended March 31, 2019, on Wednesday, May 15, 2019 after market close.  A conference call to discuss the first quarter 2019 results will be held on Thursday May 16, 2019 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time).  In addition to the first quarter results, the Company will provide an update on its Nigerian SFD® survey.… Continue Reading

CALGARY, Alberta, May 02, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that of the $1.0 Million USD, it has received a $0.9 Million USD advance payment from PE Energy Limited (“PE”) following successful completion of data acquisition and delivery of preliminary interpretation results to the Frontier Exploration Services (“FES”) of the Nigerian National Petroleum Corporation (“NNPC”).  An additional $100,000 USD will be received in the next few days once the international transfer formalities are completed.  PE is the Nigerian oil and gas service company that has … Continue Reading

CALGARY, Alberta, April 01, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the year ended December 31, 2018.  All dollar amounts herein are in Canadian Dollars. Please see details of the conference call scheduled for 4:30 P.M. EST today at the end of this letter.… Continue Reading

CALGARY, Alberta, March 28, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that it has signed an $8.9 Million USD contract with PE Energy Limited (“PE”), a Nigerian oil and gas service company that has a contract with the Nigerian National Petroleum Company (“NNPC”), to provide 5,000 line kms of SFD® Surveys in Nigeria.  Data acquisition operations for this contract are expected to commence in early April 2019 and NXT’s interpretations and recommendations are expected to be delivered during the third quarter of 2019.… Continue Reading

CALGARY, Alberta, March 26, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) announces it will release its 2018 year-end financial and operating results for the year ended December 31, 2018, on Monday, April 1, 2019 after 4:00 p.m. Eastern Time (2:00 p.m. Mountain Time). A conference call to discuss the 2018 year-end results will be held on the same day at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time), Monday April 1, 2019. In addition to the year-end results, the Company will provide a business development update.… Continue Reading

CALGARY, Alberta, March 05, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce that it has entered into a three year exclusive sales representative agreement (“Agreement”) with Alberta Green Ventures Limited Partnership (“AGV“), in nine jurisdictions in the Middle East and Latin America.  These are jurisdictions in which AGV and its affiliates have long-standing business relationships in the oil and gas service sector.  Contingent on achieving a $2,000,000USD sales quota in the first year of the Agreement term, AGV will be granted an at-market subscription right to purchase … Continue Reading

CALGARY, Alberta, Feb. 20, 2019 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) is pleased to announce it has entered into a binding commercial and co-operation agreement (“Agreement”) with one of its largest shareholders, Alberta Green Ventures Limited Partnership (“AGV”), to conduct up to three SFD® surveys within two years. The Agreement is based on a cost plus formula and a gross overriding royalty interest in oil and gas production arising on lands subject to the surveys.… Continue Reading

CALGARY, Alberta, Dec. 03, 2018 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) announces that Eugene Woychyshyn, NXT’s Corporate Controller, has been appointed Interim Chief Financial Officer effective today.… Continue Reading