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NXT Energy Solutions' SFD Awarded Best Exploration Technology At the 2024 Gulf Energy Information Excellence Awards

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NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF) has been awarded the 'Best Exploration Technology' at the 2024 Gulf Energy Information Excellence Awards in Houston on October 9, 2024. The award recognizes NXT's Stress Field Detection (SFD®) technology for its innovative contribution to the energy industry.

CEO Bruce G. Wilcox expressed pride in the achievement, noting that NXT won over formidable competitors like SLB and Aramco Americas. The company was among 29 winners out of approximately 500 nominees, placing them in the 94th percentile.

The Gulf Energy Information Excellence Awards, which combines several respected industry awards, celebrates technological advancements and leadership in the energy sector, focusing on innovations that enhance safety, efficiency, and sustainability in hydrocarbon exploration and production.

NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF) ha ricevuto il premio 'Migliore Tecnologia di Esplorazione' agli Excellence Awards della Gulf Energy Information, tenutisi a Houston il 9 ottobre 2024. Questo riconoscimento celebra la tecnologia Stress Field Detection (SFD®) di NXT per il suo contributo innovativo all'industria energetica.

Il CEO Bruce G. Wilcox ha espresso orgoglio per questo risultato, sottolineando che NXT ha superato concorrenti temibili come SLB e Aramco Americas. L'azienda è stata tra i 29 vincitori su circa 500 candidature, collocandosi nel 94° percentile.

Gli Excellence Awards della Gulf Energy Information, che combinano diversi premi rispettati del settore, celebrano i progressi tecnologici e la leadership nel settore energetico, concentrandosi su innovazioni che migliorano la sicurezza, l'efficienza e la sostenibilità nell'esplorazione e nella produzione di idrocarburi.

NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF) ha sido galardonada con el premio 'Mejor Tecnología de Exploración' en los Gulf Energy Information Excellence Awards en Houston el 9 de octubre de 2024. El premio reconoce la tecnología Stress Field Detection (SFD®) de NXT por su contribución innovadora a la industria energética.

El CEO Bruce G. Wilcox expresó su orgullo por este logro, destacando que NXT superó a competidores formidables como SLB y Aramco Americas. La empresa fue una de los 29 ganadores de aproximadamente 500 nominaciones, situándose en el percentil 94.

Los Gulf Energy Information Excellence Awards, que combinan varios premios reconocidos en la industria, celebran los avances tecnológicos y el liderazgo en el sector energético, enfocándose en innovaciones que mejoran la seguridad, la eficiencia y la sostenibilidad en la exploración y producción de hidrocarburos.

NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF)는 2024년 10월 9일 휴스턴에서 열린 Gulf Energy Information Excellence Awards에서 '최고 탐사 기술' 상을 수상했습니다. 이 상은 에너지 산업에 대한 혁신적인 기여로 NXT의 Stress Field Detection (SFD®) 기술을 인정한 것입니다.

CEO인 브루스 G. 윌콕스는 이 성과에 대한 자부심을 표명하며 NXT가 SLB와 아람코 아메리카스와 같은 강력한 경쟁자를 이겼다고 언급했습니다. 이 회사는 약 500명의 후보자 중 29명의 수상자 중 하나로, 94번째 백분위수에 해당합니다.

Gulf Energy Information Excellence Awards는 다양한 존경받는 산업 상을 결합하여 에너지 부문에서의 기술적 발전과 리더십을 축하하며, 탄화수소 탐사 및 생산에서의 안전성, 효율성 및 지속 가능성을 향상시키는 혁신에 중점을 둡니다.

NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF) a reçu le prix 'Meilleure Technologie d'Exploration' lors des Gulf Energy Information Excellence Awards à Houston le 9 octobre 2024. Ce prix récompense la technologie Stress Field Detection (SFD®) de NXT pour sa contribution innovante à l'industrie énergétique.

Le PDG Bruce G. Wilcox a exprimé sa fierté pour cette réalisation, notant que NXT a surpassé des concurrents redoutables comme SLB et Aramco Americas. L'entreprise était parmi les 29 lauréats sur environ 500 nominés, se classant dans le 94e percentile.

Les Gulf Energy Information Excellence Awards, qui combinent plusieurs prix respectés dans l'industrie, célèbrent les avancées technologiques et le leadership dans le secteur énergétique, en mettant l'accent sur les innovations qui améliorent la sécurité, l'efficacité et la durabilité dans l'exploration et la production d'hydrocarbures.

NXT Energy Solutions Inc. (TSX:SFD)(OTCQB:NSFDF) wurde mit dem Preis 'Beste Erkundungstechnologie' bei den Gulf Energy Information Excellence Awards am 9. Oktober 2024 in Houston ausgezeichnet. Der Preis würdigt NXT's Stress Field Detection (SFD®) Technologie für ihren innovativen Beitrag zur Energieindustrie.

CEO Bruce G. Wilcox äußerte stolz über diese Errungenschaft und bemerkte, dass NXT gegen starke Konkurrenten wie SLB und Aramco Americas gewonnen hat. Das Unternehmen gehörte zu 29 Gewinnern aus ungefähr 500 Nominierten und platzierte sich im 94. Perzentil.

Die Gulf Energy Information Excellence Awards, die mehrere angesehene Branchenpreise kombinieren, feiern technologische Fortschritte und Führung im Energiesektor und konzentrieren sich auf Innovationen, die Sicherheit, Effizienz und Nachhaltigkeit in der Erdöl- und Erdgasexploration und -produktion verbessern.

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CALGARY, AB / ACCESSWIRE / October 11, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce that it has been awarded the "Best Exploration Technology" at the 2024 Gulf Energy Information Excellence Awards, on October 9, 2024 in Houston. The awards spotlight the energy industry's leading innovations and thought leaders whose innovations today are enabling operators to find, produce, transport and process hydrocarbons more safely, economically, efficiently and sustainably.

Bruce G. Wilcox, CEO of NXT, stated "We are thrilled that NXT Energy Solutions and our Stress Field Detection (SFD®) exploration technology has been recognized at the coveted Gulf Energy Information Excellence Awards. It is a testament to the hard work and perseverance of our exceptional team. We are particularly gratified that we won over the competition of two formidable competing finalists: SLB (formerly known as Schlumberger), and Aramco Americas, two gigantic players in oil services. There were 29 winners in a total of approximately 500 nominees which puts us in a 94th percentile."

The Gulf Energy Information Excellence Awards - a combination of the respected World Oil Awards, Hydrocarbon Processing Awards, Petroleum Economist Awards and Pipeline & Gas Journal Awards - recognize and celebrate cutting-edge technological developments and exceptional leadership in the energy industry.

For more information on the Gulf Energy Information Excellence Awards, please click the link: https://www.worldoil.com/

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:

Eugene Woychyshyn

Michael Baker

Vice President of Finance & CFO

Investor Relations

302, 3320 - 17th AVE SW

302, 3320 - 17th AVE SW

Calgary, AB, T3E 0B4

Calgary, AB, T3E 0B4

+1 403 206 0805

+1 403 264 7020

nxt_info@nxtenergy.com

nxt_info@nxtenergy.com

www.nxtenergy.com

www.nxtenergy.com

SOURCE: NXT Energy Solutions, Inc.



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FAQ

What award did NXT Energy Solutions (NSFDF) win at the 2024 Gulf Energy Information Excellence Awards?

NXT Energy Solutions (NSFDF) won the 'Best Exploration Technology' award at the 2024 Gulf Energy Information Excellence Awards held on October 9, 2024, in Houston.

What is the technology that earned NXT Energy Solutions (NSFDF) the award?

NXT Energy Solutions (NSFDF) won the award for its Stress Field Detection (SFD®) exploration technology, which aids in finding, producing, transporting, and processing hydrocarbons more safely, economically, efficiently, and sustainably.

How many nominees were there for the 2024 Gulf Energy Information Excellence Awards?

There were approximately 500 nominees for the 2024 Gulf Energy Information Excellence Awards, with 29 winners selected, placing NXT Energy Solutions (NSFDF) in the 94th percentile.

Who were the main competitors of NXT Energy Solutions (NSFDF) for the 'Best Exploration Technology' award?

NXT Energy Solutions (NSFDF) won the award over two formidable competing finalists: SLB (formerly known as Schlumberger) and Aramco Americas, both major players in oil services.

When and where were the 2024 Gulf Energy Information Excellence Awards held?

The 2024 Gulf Energy Information Excellence Awards were held on October 9, 2024, in Houston.

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