NXT Energy Solutions Inc. Announces That Energy Exploration Veteran Gerry Sheehan Joins the Board of Directors - Seite 2

In 2007, Mr. Sheehan founded a private company, Blackstairs Energy plc. ("Blackstairs"). Blackstairs acquired oil field rehabilitation projects in Romania, and exploration acreage in Armenia and Senegal. Blackstairs also undertook technical and commercial asset evaluations on behalf of third parties.

Currently Mr. Sheehan is the Head of Exploration of New Horizon Oil & Gas Limited ("T5 Oil & Gas"), a private London-based oil and gas company co-founded by Mr. Sheehan in 2014. T5 Oil & Gas is a license partner in a portfolio of assets in Gabon, comprising offshore oil production and a suite of un-developed oil and gas fields, both offshore and onshore, now being advanced to development.

Mr. Sheehan holds a Bachelor of Science degree in Geology and a Master of Science in Applied Geophysics, both obtained from the National University of Ireland. He is a Fellow of the Geological Society (FGS, elected 2009) and is an active member of the American Association of Petroleum Geologists (AAPG, 1986) and the Society of Exploration Geophysicists (SEG, 1996).

Mr. Sheehan commented, “I greatly look forward to contributing to the NXT team. There has been significant under-investment in exploration globally over the last decade. I see great opportunities for NXT as their SFD technology offers an effective and highly cost-efficient exploration tool, which can be deployed rapidly in an environmentally friendly manner.”

George Liszicasz, President and CEO of NXT Energy, noted, “Over the years I got to know Gerry as a highly skilled professional with great expertise and most importantly unquestionable integrity. Our Company will greatly benefit from his knowledge and experience.”

About NXT Energy Solutions Inc.

NXT Energy Solutions Inc. is a Calgary based technology company whose proprietary SFD survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used both onshore and offshore to remotely identify traps and reservoirs with exploration potential. The SFD survey system enables our clients to focus their exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on 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. NXT Energy Solutions Inc. provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration.