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.
NXT is in the business of providing wide-area airborne services to
clients utilizing its proprietary SFD(R) Survey System to search for
new oil and gas fields. The Company rapidly identifies and ranks
prospective areas with sub-surface structure and reservoir potential.
The service provides an efficient, cost-effective method for surveying
large tracts of land and delivering an inventory of high impact SFD(R)
qualified prospects.
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,"
"schedule," "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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
Neither the TSX-Venture nor NASDAQ OTCBB Exchanges accept
responsibility for the adequacy or accuracy of this news release.
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