NSFDF - NXT Energy Solutions Announces SFD Survey Contract | Benzinga
CALGARY, Alberta, Sept. 05, 2023 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD, OTCQB:NSFDF) is pleased to announce that it has executed a contract to provide an SFD® survey to an independent oil and gas exploration company in Turkiye, which is strategically located at the junction of Eastern Europe, Central Asia and the Middle East. Data acquisition operations for this contract are expected to commence in October 2023, and NXT's interpretations and recommendations are expected to be delivered during the fourth quarter of 2023.
Bruce G. Wilcox, interim CEO of NXT, stated "I believe this new contract will play a key role in new business development in Turkiye and the nearby geography. I would like to thank the entire NXT team for their efforts in finalizing this agreement with a new SFD® client, and would also like to thank NXT's shareholders for their continued support of the Company."
About NXT Energy Solutions Inc.
NXT Energy Solutions Inc. is a Calgary-based technology company whose proprietary SFD® survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used both onshore and offshore to remotely identify ...