NXT Strengthens Its Senior Management Team
05 December 2011 - 10:00PM
PR Newswire (Canada)
CALGARY, Dec. 5, 2011 /CNW/ - NXT Energy Solutions Inc. ("NXT" or
the "Company") (NASDAQ-OTCBB: NSFDF), announces that Mr. Grafton
Withers will be joining the Company as Vice-President, Marketing
& Sales. Mr. Withers spent 20 years in senior management
roles with the Schlumberger group, a Fortune 100 company and one of
the top international service providers to the oil & gas
exploration and production sectors. In various roles with
Schlumberger, Mr. Withers was responsible for managing
international sales and operations. He holds a BSc in
Mechanical Engineering, a BA in Physics, as well as an MBA. George
Liszicasz, NXT's President & CEO, noted "We are excited to add
Mr. Withers and his exceptional skills and knowledge of
international markets to the NXT team, as we continue to expand our
world-wide operations". In addition, NXT announces that data
acquisition operations are nearing completion on its US $2.9
million Colombia SFD(® )survey project, with the related data
interpretation process expected to be completed in January, 2012.
Details for an investor conference call update, to be held on
Thursday, December 15, 2011 at 11 am (MT) will be announced
shortly. NXT is a Calgary based company whose proprietary airborne
Stress Field Detection ("SFD(®)") survey system provides a
revolutionary survey method that can be used both onshore and
offshore to remotely identify potential hydrocarbon traps and
reservoirs. NXT provides its clients an efficient and
reliable method to reduce time, costs, and risks related to
exploration surveys. The SFD(®) survey system enables our clients
to more efficiently focus their hydrocarbon exploration decisions
concerning land commitments, data acquisition expenditures and
prospect prioritization onto the 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. Forward-Looking
Statements This news release includes forward-looking
statements. When used in this document, words such as
"intended", "anticipate", "expected" and "scheduled", are
forward-looking statements. Forward-looking statements are
subject to a wide range of risks and uncertainties, and although
the Company believes that the expectations represented by such a
forward-looking statement are reasonable; there can be no assurance
that such expectations will be realized. Any number of
factors can cause actual results to differ materially from those in
the forward-looking statements. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) nor NASDAQ OTCBB
Exchanges accept responsibility for the adequacy or accuracy of
this release. NXT Energy Solutions Inc. CONTACT: George Liszicasz,
CEO and Jeremy DietzPresident NXT Energy Solutions Inc. The Equicom
Group505 - 3rd Street SW, Suite 1400 300 - 5th Avenue SW, 10th
Floor Calgary, Alberta, Canada T2P 3E6 Calgary, Alberta, Canada T2P
3C4Tel: (403) 264-7020 Tel: (403) 218-2833Fax: (403) 264-6442
jdietz@equicomgroup.comnxt_info@nxtenergy.com www.nxtenergy.com
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