NXT Energy Solutions: Expanding Horizons in Africa, Southeast Asia, and South Asia

NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) has provided an operational update, highlighting its recent achievements and upcoming projects in Africa, Southeast Asia, and South Asia. The Company's focus on regional market penetration and utilization in these regions is expected to drive significant financial benefits throughout 2025.

African SFD® Survey Completion and Upcoming Projects

NXT has successfully completed SFD® data acquisition over 14 flight days for an oil and gas exploration company in Africa, in collaboration with Synergy Exploration and Production Technologies Limited ("Synergy"). The interpretation recommendations for this survey are expected to be delivered during the second quarter of 2025. This project demonstrates NXT's commitment to expanding its presence in Africa and generating revenue through strategic partnerships.



In Southeast Asia, NXT's Cessna 560 Ultra aircraft is scheduled to commence an SFD® survey in April 2025, with recommendations expected in May 2025. This survey is another source of revenue for NXT, further contributing to its 2025 financial results. Additionally, data acquisition for AL-Haj Enterprises Private Limited's SFD® survey is expected to commence in the third quarter of 2025, followed by recommendations during the fourth quarter. These upcoming projects in Southeast Asia and South Asia showcase NXT's strategic focus on regional market penetration and utilization.

Positive Financial Impact and Revenue Growth

Bruce G. Wilcox, CEO of NXT, has stated that the positive financial impact of these surveys is expected to be significant for the first quarter and the full year of 2025. This positive outlook is driven by the Company's increased market penetration, significant survey activity, and regional market focus. The completion of the African SFD® data acquisition and the upcoming surveys in Southeast Asia and South Asia are expected to contribute to NXT's revenue growth in 2025.

Long-term Growth Strategy

NXT Energy Solutions' focus on additional regional market penetration with multiple customers in Africa, Southeast Asia, and South Asia aligns with its long-term growth strategy. By expanding its customer base and entering new regions, NXT reduces its reliance on a single market or a few customers, promoting revenue diversification. Increased market share, geographical expansion, reputation building, and a commitment to a long-term vision are all key aspects of NXT's strategic approach to driving long-term growth and success.

In conclusion, NXT Energy Solutions' operational update highlights the Company's expanding presence in Africa, Southeast Asia, and South Asia, as well as its positive financial outlook for 2025. The Company's focus on regional market penetration and utilization, along with its strategic partnerships and upcoming projects, position NXT for significant revenue growth and long-term success.