NXT Energy Solutions Provides Operational Update
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF) has announced several operational updates. The company has completed SFD® data acquisition over 14 flight days for an African oil and gas exploration company through their partner Synergy, with interpretation recommendations expected in Q2 2025.
The company's Cessna 560 Ultra aircraft is undergoing scheduled maintenance in preparation for two upcoming SFD® surveys: one in Southeast Asia planned for April 2025 with recommendations due in May 2025, and another in Pakistan through AL-Haj Enterprises expected to commence in Q3 2025 with recommendations in Q4.
CEO Bruce G. Wilcox anticipates significant positive financial impact from these surveys for Q1 and full-year 2025. The company plans to release its Q4 and full-year 2024 financial results during the week of March 24, 2025, and Q1 2025 results in the first half of May 2025.
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF) ha annunciato diversi aggiornamenti operativi. L'azienda ha completato l'acquisizione dei dati SFD® in 14 giorni di volo per un'azienda africana di esplorazione petrolifera e del gas attraverso il suo partner Synergy, con raccomandazioni di interpretazione attese nel secondo trimestre del 2025.
L'aereo Cessna 560 Ultra dell'azienda è attualmente in manutenzione programmata in preparazione per due prossimi sondaggi SFD®: uno nel Sud-est asiatico previsto per aprile 2025 con raccomandazioni dovute a maggio 2025, e un altro in Pakistan tramite AL-Haj Enterprises previsto per iniziare nel terzo trimestre del 2025 con raccomandazioni nel quarto.
Il CEO Bruce G. Wilcox prevede un impatto finanziario positivo significativo da questi sondaggi per il primo trimestre e l'intero anno 2025. L'azienda prevede di pubblicare i risultati finanziari del quarto trimestre e dell'intero anno 2024 durante la settimana del 24 marzo 2025, e i risultati del primo trimestre 2025 nella prima metà di maggio 2025.
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF) ha anunciado varias actualizaciones operativas. La empresa ha completado la adquisición de datos SFD® durante 14 días de vuelo para una empresa africana de exploración de petróleo y gas a través de su socio Synergy, con recomendaciones de interpretación que se esperan en el segundo trimestre de 2025.
La aeronave Cessna 560 Ultra de la empresa está bajo mantenimiento programado en preparación para dos próximas encuestas SFD®: una en el sudeste asiático planeada para abril de 2025 con recomendaciones previstas para mayo de 2025, y otra en Pakistán a través de AL-Haj Enterprises que se espera comenzar en el tercer trimestre de 2025 con recomendaciones en el cuarto.
El CEO Bruce G. Wilcox anticipa un impacto financiero positivo significativo de estas encuestas para el primer trimestre y el año completo 2025. La empresa planea publicar sus resultados financieros del cuarto trimestre y del año completo 2024 durante la semana del 24 de marzo de 2025, y los resultados del primer trimestre de 2025 en la primera mitad de mayo de 2025.
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF)는 여러 운영 업데이트를 발표했습니다. 이 회사는 파트너인 Synergy를 통해 아프리카 석유 및 가스 탐사 회사에 대해 14일 동안 SFD® 데이터 수집을 완료했으며, 해석 권장 사항은 2025년 2분기에 예상됩니다.
회사의 Cessna 560 Ultra 항공기는 예정된 정비를 받고 있으며, 두 개의 다가오는 SFD® 조사에 대비하고 있습니다: 하나는 2025년 4월에 예정된 동남아시아 조사로, 권장 사항은 2025년 5월에 제공될 예정이며, 다른 하나는 AL-Haj Enterprises를 통해 파키스탄에서 2025년 3분기에 시작될 것으로 예상되며, 권장 사항은 4분기에 제공될 것입니다.
CEO 브루스 G. 윌콕스는 이러한 조사로 인해 2025년 1분기 및 전체 연도에 걸쳐 상당한 긍정적인 재정적 영향을 예상하고 있습니다. 회사는 2025년 3월 24일 주간에 2024년 4분기 및 전체 연도 재무 결과를 발표할 계획이며, 2025년 1분기 결과는 2025년 5월 상반기에 발표될 예정입니다.
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF) a annoncé plusieurs mises à jour opérationnelles. L'entreprise a terminé l'acquisition de données SFD® sur 14 jours de vol pour une entreprise d'exploration pétrolière et gazière africaine via son partenaire Synergy, avec des recommandations d'interprétation attendues au deuxième trimestre 2025.
L'avion Cessna 560 Ultra de l'entreprise est en maintenance programmée en préparation de deux enquêtes SFD® à venir : l'une en Asie du Sud-Est prévue pour avril 2025 avec des recommandations dues en mai 2025, et une autre au Pakistan via AL-Haj Enterprises qui devrait commencer au troisième trimestre 2025 avec des recommandations au quatrième trimestre.
Le PDG Bruce G. Wilcox anticipe un impact financier positif significatif de ces enquêtes pour le premier trimestre et l'année entière 2025. L'entreprise prévoit de publier ses résultats financiers du quatrième trimestre et de l'année entière 2024 pendant la semaine du 24 mars 2025, et les résultats du premier trimestre 2025 dans la première moitié de mai 2025.
NXT Energy Solutions (TSX:SFD)(OTCQB:NSFDF) hat mehrere betriebliche Aktualisierungen bekannt gegeben. Das Unternehmen hat die SFD®-Datenakquise über 14 Flugtage für ein afrikanisches Öl- und Gasexplorationsunternehmen über seinen Partner Synergy abgeschlossen, wobei die Interpretationsempfehlungen im 2. Quartal 2025 erwartet werden.
Das Cessna 560 Ultra Flugzeug des Unternehmens befindet sich in geplanter Wartung zur Vorbereitung auf zwei bevorstehende SFD®-Umfragen: eine in Südostasien, die für April 2025 geplant ist, mit Empfehlungen, die im Mai 2025 fällig sind, und eine weitere in Pakistan über AL-Haj Enterprises, die voraussichtlich im 3. Quartal 2025 beginnen wird, mit Empfehlungen im 4. Quartal.
CEO Bruce G. Wilcox erwartet einen signifikanten positiven finanziellen Einfluss dieser Umfragen für das 1. Quartal und das gesamte Jahr 2025. Das Unternehmen plant, die Finanzberichte für das 4. Quartal und das gesamte Jahr 2024 in der Woche vom 24. März 2025 zu veröffentlichen und die Ergebnisse des 1. Quartals 2025 in der ersten Mai-Hälfte 2025 bekannt zu geben.
- Completed SFD® data acquisition in Africa over 14 flight days
- Secured two additional SFD® surveys in Southeast Asia and Pakistan for 2025
- Management expects significant financial impact from surveys in Q1 and full-year 2025
- None.
CALGARY, AB / ACCESS Newswire / February 14, 2025 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to provide the following operational update.
Completion of Data Acquisition Operations for African Survey
NXT has completed SFD® data acquisition over 14 flight days, for an oil and gas exploration company in Africa, through NTX's strategic partner, Synergy Exploration and Production Technologies Limited ("Synergy"). NXT's interpretation recommendations are expected to be delivered during the second quarter of 2025.
Update on SFD® Surveys in Southeast Asia and Pakistan
NXT's Cessna 560 Ultra aircraft will shortly begin its scheduled major maintenance to prepare for two previously announced SFD® surveys. The Southeast Asian SFD® survey is planned to commence in April 2025, with recommendations expected in May 2025. With respect to Pakistan, AL-Haj Enterprises Private Limited's ("AL-Haj") SFD® data acquisition is expected to commence in the third quarter 2025 followed by recommendations during the fourth quarter.
Bruce G. Wilcox, CEO of NXT, commented, "The positive financial impact of our SFD® surveys in Africa, Southeast Asia, and South Asia is expected to be significant for the first quarter, and for full year 2025. NXT is focused on additional regional market penetration with multiple customers in each of these three regions."
2024 Year End and Q1-25 Financial Results
The Company intends to release its fourth quarter and full year 2024 financial results during the week of March 24, 2025, and first quarter 2025 financial results in the first half of May 2025.
About NXT Energy Solutions Inc.
NXT Energy Solutions Inc. is a Calgary-based technology company whose proprietary airborne SFD® survey system, applied in numerous basins around the world, uses the principles of quantum mechanics to infer stress anomalies of exploration interest. The method can be used both onshore and offshore to remotely identify areas conducive to fluid entrapment in order to recommend areas with commercial hydrocarbon and/or geothermal potential. The SFD® survey system enables our clients to focus their exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential. SFD® is environmentally friendly and unaffected by ground security issues or difficult terrain and is the registered trademark of NXT Energy Solutions Inc. NXT Energy Solutions Inc. provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration.
Contact Information
For investor and media inquiries please contact:
Michael Baker
Investor Relations
302, 3320 - 17th AVE SW
Calgary, AB, T3E 0B4
nxt_info@nxtenergy.com
www.nxtenergy.com
Forward-Looking Statements
Certain information provided in this press release may constitute forward-looking information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as "anticipate", "believe", "estimate", "will", "expect", "plan", "schedule", "intend", "propose" or similar words suggesting future outcomes or an outlook. Forward-looking information in this press release includes, but is not limited to, information regarding: the timing of the delivery of African SFD® survey results, the timing and results of SFD® surveys in Southeast Asia and with AL-Haj, the positive financial impact of SFD® surveys in Africa, Southeast Asia and South Asia, the impact on revenues of the focused on additional regional market penetration and utilization in Africa, Southeast Asia, and South Asia, and timing of the release of the Company's financial results for full year 2024 and Q1-25. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Additional risk factors facing the Company are described in its most recent Annual Information Form for the year ended December 31, 2023 and MD&A for the three and nine months ended September 30, 2024, which have been filed electronically by means of the System for Electronic Document Analysis and Retrieval ("SEDAR+") located at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date hereof, and except as may be required by applicable securities laws, the Company assumes no obligation to update publicly or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.
SOURCE: NXT Energy Solutions, Inc.
View the original press release on ACCESS Newswire
FAQ
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