NXT Energy Solutions Announces Mobilization of Turkish SFD® Survey
CALGARY, Alberta, Nov. 27, 2023 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTCQB:NSFDF) today announced the mobilization of its aircraft and equipment to begin the contracted SFD® survey in Turkiye that was announced on September 5, 2023. The contract is an important milestone for NXT in a new SFD® survey area, in a region generating considerable international exploration attention, and with the potential for additional clients that will leverage the ability of NXT’s SFD® technology to rapidly and inexpensively identify potential oil and gas reservoirs. International exploration activity is on the increase in new potential areas, as world petroleum consumption continues to soar with population growth in developing economies despite international efforts at decarbonization. The SFD® technology represents an environmentally friendly approach to meeting the challenge.