Wednesday, 14 October 2009

NXT Presentation To Investor Conference Now Available Online

NXT Energy Solutions Inc.


Basic Shares - 30.6 million

Fully diluted - 42.7 million


On September 30th NXT Energy CFO Ken Rogers and CEO George Liszicasz spoke at the RedChip conference in New York City. The full presentation is now available online by visiting the RedChip website –

Highlights of the presentation are as follows:
· Operated up until the end of 2008, entirely in Canada.
· Had recent success internationally, specifically with Pacific Rubiales (PRE: TSX) in Colombia. The contract’s value was $2.3 million (USD).
· Pacific Rubiales contracted NXT Energy to conduct its survey because it was concerned it would not be able to meet government requirements for development work on its land holdings.
· 10 years to develop the SFD (stress field detector) technology.
· SFD technology is an airborne survey system that allows NXT to survey territories for oil and gas structures and does not impact the environment.
· SFD reduces cost, time and risk associated with wide area seismic.
· Global oil & gas exploration market - $400 billion is spent every year.
· The company’s business plan is focused on Colombian market.
· The Colombian government has laid out the welcome mat to energy development.
. Colombia has limited geophysical information and the terrain, lack of roadways and rebel acitivity on the ground poses a significant hurdle for traditional, on-ground seismic work.
. The Cartagena Conference in Colombia that NXT recently attended drew tremendous interest from a number of different companies.
· Strong testimonials from Pengrowth Energy Trust and Pacific Rubiales.
· Solid management team.

The Q & A attracted very good questions such as:

Q - Does the system work over water?
A – Yes it works over both onshore and offshore.

Q – What depth of water?
A – We have no limitations of water depth whatsoever. Stress measured by SFD develops in the subsurface. No issues with mountains, jungles, etc.

Q – (When you've done a survey, have your clients found oil?)
A – Every time we do a survey our (profit) margin is about 65-85%, plus we do a gross overriding royalty. We are receiving royalties from Pengrowth on two surveys we completed for them with our technology.

Q – Are there any competitors?
A – We are not aware of any technology close to the SFD technology. The closest one is still 3D seismic.

Q – Why haven’t some of the large petroleum companies in the US selected your strategy to find some of their oil?
A – Majors are slow to pick up new technologies and want to know everything about your technology. We are in the process of patenting technology in the next two years. Geophysicists and geologists generally like to use technologies that they’ve used in the past and are familiar with.

Q – Wouldn’t it be cheaper to use existing satellites rather than aircraft?
A – Yes we could mount technology on satellites, we are not there yet.

To watch the full presentation and an interview with Ken Rogers, CFO NXT Energy Solutions click here

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