October 3, 2008
NXT to Present at Venezualan Geophysical Congress
NXT Energy Solutions Inc. formerly Energy Exploration Technologies Inc. ("NXT" or "the Company) (TSX VENTURE: SFD) (OTCBB: ENXTF) (FRANKFURT: EFW) -
NXT Energy Solutions is pleased to announce that it is presenting at the XIV Venezuelan Geophysical Congress in Caracas, on October 6-9, 2008. George Iusco, a member of NXT's Geophysical Advisory Board and VP New Ventures of Repsol YPF, is presenting a paper "Stress Field Detection a New Technology for Hydrocarbon Detection for the 21st Century - Defying the Paradox". Following the congress, follow up material will be available on the company's web site. NXT's CEO, George Liszicasz, will also be in attendance.NXT is in the business of providing wide-area airborne exploration services to the oil and gas industry. The Company utilizes its proprietary SFD Survey System to offer its clients a unique service to rapidly identify sub-surface structures with reservoir potential in sedimentary basins with no environmental impact. The value of the service is providing clients with an efficient, cost effective method of surveying large tracts of land and delivering an inventory of SFD prospects with high potential.
Additional information about NXT and the SFD technology is available on the Company's website.
This news release may include forward-looking statements including opinions, assumptions, estimates and expectations of future prospects for the Company and financial projections. When used in this document, the words "anticipate,""believe,""estimate,""expect,""intend,""may,""project,""plan,""will,""should" and similar expressions are intended to be among the statements that identify 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 forward-looking statements are reasonable; there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, the volatility of oil and gas prices, the ability to implement corporate strategies, the state of capital markets, the ability to obtain financing, changes in the oil and gas industry, operating risks, reserve estimates, changes in general economic conditions and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities.
Neither the TSX-Venture nor NASDAQ OTCBB Exchanges accept responsibility for the adequacy or accuracy of this news release.
Contacts: NXT Energy Solutions Inc. Ken Rogers VP Finance and CFO (403) 264-7020 (403) 264-6442 (FAX) NXT Energy Solutions Inc. 505 - 3rd Street, S.W., Suite 1400 Calgary, Alberta, Canada T2P 3E6 Email: [email protected] Website: www.nxtenergy.com
SOURCE: NXT Energy Solutions Inc.