Slide 1: Increasing Exploration Success, While Lowering Finding Cost, Time To Discovery & Environmental Impact
Increasing Exploration Success, While Lowering Finding Cost, Time To Discovery & Environmental Impact Corporate Profile 2024
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements General Advisory This presentation has been prepared by management of NXT Energy Solutions Inc. (“NXT” or the “Company”) and is based on publicly available information, internally developed data and other sources. Where any opinion is expressed in this prese
Slide 3: Critical Industry Challenge: Spending More, Finding Less
Critical Industry Challenge: Spending More, Finding Less Spending on conventional oil and gas exploration rebounded in 2023, yet discovered volumes fell to a record low of 5 billion barrels of oil equivalent while exploration costs rose twofold. Upstream companies are eager to capitalize on the in
Slide 4: Critical Industry Challenge: Poor Exploration Success Rates and Environmental Impact
Critical Industry Challenge: Poor Exploration And Discovery Success Rates Exploration is high risk, time consuming and capital intensive. The cost of an unsuccessful exploration, such as one that consisted of seismic studies and drilling a dry well, can cost $5 million to $20 million per exploration
Slide 5: Value Proposition: Spend Less, Find More
Value Proposition: Spend Less, Find More Stress Field Detection (SFD®) is an airborne geophysical survey technology developed by NXT Energy Solutions Inc., headquartered in Calgary, Canada. SFD® is proprietary and patented in 47 countries including the USA, European Union, Canada, and Japan. Speed 5
Slide 6: How SFD Increases Exploration Success
How SFD® Increases Exploration Success 35 SFD® Recommendations (2009-2024) Drilled Internationally Prediction (2010-2024) Strength 25 Commercial Discoveries ~ 71% 3 Pre-Drill Confirm 7 Dry Holes How Do We Detect? What Do We Detect? Surveys are flown with 22 independent sensors. SFD ® sensor elements
Slide 7: SFD Value Proposition
SFD® Valu e Pr op osition Provides prospect level investigation Prioritize “drill/no drill” decisions Onshore / offshore applications Minimize environmental / community impact and security concerns Effectively allows operators to optimize more expensive seismic and other G&G expenditures i
Slide 8: Environmental Benefits for E&P Companies Using NXT's SFD
Environmental Benefits for E&P Companies Using NXT's Stress Field Detection (SFD®) The non-intrusive SFD® airborne survey Using SFD® as the lead technology will reduce the drastically reduces the negative environmental environmental impact for the E&P sector via impact of large-scale ground surv
Slide 9: Growth Strategy: Frequency, Adjacency & Repeatability
Growth Strategy: Frequency, Adjacency & Repeatability Increase the number of SFD® surveys contracted from four focus regions: Africa, Türkiye, South Asia / Southeast Asia, and Gulf of Mexico / South America. Focus on regional market penetration and utilization from multiple customers to increase rev
Slide 10: Management, Board of Directors and Capital Structure
Increasing Exploration Success, While Lowering Finding Cost , Time To Discovery & Environmental Impact Management Board of Directors Capital Structure BRUCE G. WILCOX EUGENE WOYCHYSHYN CHARLES SELBY BRUCE G. WILCOX CEO VP Finance and CFO Chairman of the Board CEO TSX:SFD OTCQB: NSFDF NXT Energy Solu
Slide 11: Appendix
APPENDIX Corporate Profile 2024 11
Slide 12: SFD Patents Granted in 47 Countries Worldwide
SFD® Patents Granted in 47 Countries Worldwide Public Company NXT Clients TSX: SFD OTC QB: NSFDF HDQTR: Calgary, Canada Key Business Points Patented Technology Proven Success Repeat Clientele 10+ Years R&D Commercialized 2007 SFD ® Projects Completed USA Canada Colombia Mexico Bolivia Argentina Beli
Slide 13: Flight Path Interpretation Process
Flight path Interpretation Process . Non-Grid Survey 1+B Widely Spaced Transects 1ST 2ND 3RD Order Order ORDER Examples of interpretation process and SFD® Recommended Areas SFD Interpretation Process 1) Spatial Identification of anomalous areas. 2) Assignment of SFD Rankings. 3) Assignment of identi
Slide 14: Near Field Development Colombia Onshore 2016 Post SFD Survey
Near Field Development Colombia Onshore 2016 Post SFD® Survey SFD® Near field SFD® Template Recommendation Rubiales field (discovered 1980’s) Reserves: 1.4 BBBL OOIP 4.5 BBBL OOIP Trap Type: Lens (Siliciclastic) HYDRODYNAMIC TRAP Corporate Profile 2024 14
Slide 15: SFD's Value of Information
SFD®’s Value of Information background background TWT 1000 TWT 1200 TWT 1400 TWT 1600 TWT 1800 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Km The Adsett field is located in NE BC, Canada. It has an estimated total production of 500 bcf from the Slave point Fm. (dolomitized carbonate). Corporate Profile 20
Slide 16: R&D: Geothermal Application of the SFD Technology
R&D: Geothermal Application of the SFD® Technology Path to Commercialization Geothermal Applications for SFD® for NXT’s Geothermal Segment Geothermal resource include naturally occurring sub-surface fluid reservoirs or rock conditions from which heat can be extracted Expanding existing portfolio