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CORPORATE PRESENTATION (Updated Oct 7, 2013) 1 A PROVEN, INNOVATIVE TECHNOLOGY FOR HYDROCARBON EXPLORATION

NXT Energy Solutions

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NXT ENERGY SOLUTIONS INC. (NXT) is a publicly traded international airborne geophysical service company based in Calgary, Canada utilizing their proprietary Stress Field Detection (SFD) technology. SFD provides a unique geophysical indicator which can be used early in the exploration cycle to provide an independent assessment of reservoir potential. When combined with seismic and other geologic data, SFD can significantly reduce exploration risks and costs.

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Page 1: NXT Energy Solutions

CORPORATE PRESENTATION

(Updated Oct 7, 2013)

1

A P R O V E N , I N N O VAT I V E T E C H N O L O G Y F O R

H Y D R O C A R B O N E X P L O R AT I O N

Page 2: NXT Energy Solutions

Disclaimer and Forward-looking Statements

This presentation is not intended to be used as an Offering Document.

The information contained in this document 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, volatility of oil and natural gas prices, changes in the oil and

gas industry, the Company’s ability to implement corporate strategies and obtain financing, the state of

capital markets, operating and technology risks, 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 the OTC Exchanges accept responsibility for the adequacy

or accuracy of any information contained in this document.

2

Page 3: NXT Energy Solutions

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NXT Energy Solutions Inc.

is a service provider to the upstream Oil & Gas Industry:

SFD ® Survey System

Engaged in exploration reconnaissance.

We identify and rank high-potential prospect leads using a unique airborne survey method.

www.nxtenergy.com A Canadian Public Company

Expanding worldwide client base (PEMEX, Pacific Rubiales)

Page 4: NXT Energy Solutions

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Capitalization

TSX-V: SFD, OTCBB: NSFDF

Capitalization - Shares Outstanding (millions)

41.5 Common shares issued

8.0* Convertible Preferred shares (convert at 1:1, mature Dec 31, 2015)

3.0 Stock options (average exercise price $0.84)

4.5 Warrants (US $1.20 exercise, expire from March 8 to May 4, 2014)

57.0 Fully diluted # of shares

D&O Insider Ownership – 19.6% Basic, 31.5% Fully diluted

52 Week High/Low: $0.56 - $1.65

90 day average trading volume ~ 45,000 shares

Debt-Free Balance Sheet ~ $3.5 million cash

* Does not represent debt or debt service…converts 1:1 to common on achievement of milestones

Page 5: NXT Energy Solutions

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Management

Non-Executive

Directors

Geosciences

Advisory Board

George Liszicasz Chairman & CEO

Greg Leavens, C.A.

Chief Financial Officer

Andy Steedman, M.B.A

V-P Operations

Charles Selby Caledonian Royalty Corporation

Mickey Abougoush Teknica Overseas Ltd.

Tom Valentine Norton Rose LLP

Krishna Vathyam Petrodorado Energy

John Agee Business Advisor

Dr. George Iusco Repsol

Dr. Cleveland Jones State Univ. of Rio De Janeiro

Dr. Arief Budiman

Univ. of Calgary, Canada

Extensive public

company experience

Solid global

management experience

Outstanding

scientific credibility

Board, Management and Advisors

Page 6: NXT Energy Solutions

Rapid identification of high-potential oil and gas prospects

at low cost, both onshore / offshore, in any terrain.

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SFD® System

Verification / evaluation of seismic prospects for reservoir

potential - thereby reducing drilling risk

SFD® (Patent Pending)

Page 7: NXT Energy Solutions

The aircraft

Cessna 560 Citation jet

(fly at 3,000 meters, 500 km/h)

The SFD Sensors

3 systems of multiple sensors

Data recording equipment

(2,000 cycles / second)

Aircraft positioning system

GPS based, tracks flight lines

SFD® Data Acquisition System

Page 8: NXT Energy Solutions

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SFD® System

Exploration spectrum

Aeromagnetics

& Gravity Hi-Res

Aeromag 2-D

Seismic

3-D

Seismic

Drilling

SFD®

Inferred knowledge of Trap & Reservoir detail steadily increases

Gravity

Gradiometry

Reconnaissance

Prospect Level Basin Level Well Level

Prospect Identification Prospect Verification

Cost $30 $110 $300 $1,400 $30,000 $90,000 $10-250 million (Line-km)

Page 9: NXT Energy Solutions

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SFD ® grid (5x5) km

2D-Seismic

SFD® - More focused information, quicker and with no environmental footprint

Area = 10,000 Km2

0

500

1000

1500

2000

2500

3000

3500

4000

2D Seismic SFD

Line Km

Prospect Identification

Page 10: NXT Energy Solutions

SFD quickly and cost effectively evaluates seismically identified

prospects for reservoir potential – reducing drilling risk

Offshore Coverage

Prospect Verification

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Prospects identified

by seismic

SFD evaluates

reservoir potential of

prospects

Data integrated to

choose best prospect

and to minimize

drilling risk

Seismic Prospects

SFD lines

Best Prospect

Page 11: NXT Energy Solutions

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SH min

SH max

Gravity field is distorted by stress

Discontinuities affect regional/local stress distribution

changes in stress orientation entering reservoir

SFD® responds to perturbations in the gravity field related to changes in stress direction

Page 12: NXT Energy Solutions

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The only tool that identifies trapped fluid at Stage 1

of exploration - Disruptive Technology with Global Impact

SFD signal over

Ladyfern Field,

Canada

1.62 Trillion cu. ft. Rec.

SFD® Anomaly

Ladyfern Field Signal Response

SFD signal over

Rubiales Field,

Colombia

500 million bbls Rec.

SFD® Anomaly

Rubiales Field Signal Response

Page 13: NXT Energy Solutions

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SFD® complements other tools, especially seismic

identifies and ranks potential trapped-reservoirs

identifies other major geological anomalies (ex: faults)

identifies natural fractures in resource plays

cannot differentiate reservoir fluid types (water or oil/gas)

cannot determine exact drill location

cannot define depth of reservoir

cannot distinguish the number of stacked reservoirs without

lateral offset

SFD® Capabilities and Limitations

Page 14: NXT Energy Solutions

Focus is the key

Cost

Time

Risk

E&P Success

=

LOW FINDING

COSTS

14

REDUCES

SFD® Fast Tracks Exploration

Environmental

Footprint

Page 15: NXT Energy Solutions

Offices/Agents SFD Projects Proposed SFD Projects

Mexico South Asia Mediterranean

Colombia

Peru & Bolivia

Africa

Page 16: NXT Energy Solutions

Programa operativo

16

1

2

Page 17: NXT Energy Solutions

SFD® - Growing Industry Acceptance

17

Highlights of the PEMEX 2012 SFD survey project: $5.8 million

• Covered large varying geological areas and the Gulf of Mexico (e.g. salt traps)

• Survey was designed both as a “blind-test” to assess SFD® correlation with existing

geophysical data and producing fields and to identify new exploration prospects

• Total project with SFD® recommendations was delivered in only 4 months

• Project results

• High correlation between SFD and seismic anomalies

• 47 of 64 known field identified, representing 98% of total reserves flown, missed

fields less than 2km in lateral extent.

• PEMEX and NXT co-authored a technical paper, which includes SFD® / seismic

correlation.

• The paper was presented at NGO Conference in Cartagena, Colombia July 24.

• The paper won the best exploration paper award at the 6th Annual Congreso

International Bolivia Gas and Energia 2013 Conference.

Page 18: NXT Energy Solutions

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Cuenca Salina del Istmo Golfo Profundo

SE NW

SE

NW

Anomalía PMX-2.16, Segundo

orden, Clasificación (1+B+)

Buen potencial de trampa,

Buen potencial de yacimiento,

confiabilidad (1)

Anomalía PMX-2.17,

Segundo orden,

Clasificación (1+B)

Buen potencial de

trampa, Potencial

moderado de

yacimiento,

confiabilidad (1)

Page 19: NXT Energy Solutions

SFD® Recommendations vs. Discovery

NXT conducted 10 surveys for 5 clients

totalling more than 7,000 line kilometers

Wells drilled on SFD

recommended leads

11 12

Commercial

discoveries 7 0

Prediction

Success Rate 64% 100%

Estimated 1.26 Billion BBL OOIP

4 Field

Discoveries

Wells drilled in areas

rejected by SFD

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Example of NXT Survey Results Llanos Basin, Colombia (2009-2012):

Page 20: NXT Energy Solutions

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2012 – A Record Year - $11 million

Summary of recent contracts and near-term pipeline objectives.

Near-term

Objectives

Status Location US$ Value

Completed Colombia, Guatemala $ 3.5 million

Completed Argentina $ 1.65 million

Completed Mexico $ 5.8 million

Completed Belize $0.5 million

Completed Q1-13 South Asia $ 2.66 million

Follow-up

opportunities

Central & Latin

America $ 15 million

Opportunities Asia $3 - $8 million

Opportunities Other $4 million

In 2012

Page 21: NXT Energy Solutions

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Source: Spears Oilfield Market Report, 2010; Barclay’s Original E&P Spending Survey, 2010; NXT Market Analysis

$12 Billion

Global Geophysics

Market

2010 E&P Market:

$447 Billion

1% = $120 million

A Vast Market Opportunity

Page 22: NXT Energy Solutions

1. Service Fees 2. Data Sales

In Colombia alone, over 40,000 km of proprietary data have been acquired.

Additional data added with each new survey

3. Royalties Existing GORR contracts in Canada (Pengrowth

~ BC Horn River Basin; Alberta ~ Swan Hills)

4. Vertical Expansion Equity ownership in prospects

Long term service contracts

Expanding Potential Revenue Streams

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Page 23: NXT Energy Solutions

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Growth Strategy – Organic growth

Where:

- Latin America (core area for NXT)

- Asia

- Arctic and Atlantic Coast

- Mediterranean and Africa

Who:

- National Oil Companies (i.e. PEMEX, Ecopetrol)

- Medium sized International (i.e. Pacific Rubiales)

How:

Leverage

- Access

- Awareness

- Acceptance

- Application

Focus on areas where SFD has a Competitive advantage

Large Land Owners / International Leverage

Remain focused

Page 24: NXT Energy Solutions

SFD ® Highlights

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Value Added Service - Increase Client Exploration Success • Identify potential hydrocarbon traps

• Rapid and cost effective project execution

An Expanding, High-Margin Business • Have surveyed in numerous countries in multiple geological settings

• Strong repeat business opportunities

• Non dilutive growth formula

Profitable And Vast Market Opportunity • SFD market is global – onshore and offshore

Unique Proprietary Service • Patent Pending

• No direct competitors

• Quantum technologies are the Future