NXT Energy Solutions Inc. ("NXT" or the "Company") is pleased to announce that it has entered into a new contract with its Strategic Alliance Partner,
Synergy Exploration and Production Technologies Limited (“Synergy”), to provide an SFD® survey for an
oil and gas exploration company in Africa. Data acquisition operations for this SFD® contract are expected
to commence in the third quarter of 2025, and NXT’s interpretations and recommendations are expected
to be delivered to the client in the fourth quarter of 2025.
Bruce G. Wilcox, CEO of NXT, stated “We are pleased to return to Africa to perform another SFD® survey
for Synergy. The Company again looks forward to working together with Synergy’s exploration team in
order to execute the contract.”
Synergy is an affiliate of Ataraxia Capital who currently holds convertible debentures in NXT Energy
Solutions Inc.
