CORPORATE PRESENTATION

(UPDATED September 19, 2012)

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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 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 OTCBB Exchanges accept responsibility for the adequacyor accuracy of any information contained in this document.

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NXT Energy Solutions

Disruptive Patent Pending Airborne Survey Technology for Oil & Gas Exploration• We fly at 470 kms per hour at an altitude of 3000 meters• SFD® works onshore, offshore, and over any terrain• Significantly reduces time, cost, and risk to discovery and no environmental impact.• The only tool that can detect trapped reservoirs at stage I of the exploration cycle

Profitable and Commercially Proven• Q1 and YTD record revenue and profit; Two consecutive profitable quarters• Discoveries in Canada, USA and Colombia• Repeat customers, Case Studies, Look-back Study• Commencement of Data Sales• Commencement of Data Sales

Media Coverage and Exposure• Testimonials, Newsletters, Articles, Research Coverage, Interviews

Contract and Pipeline Activity is Robust• Backlog of contracts for balance of 2012• Largest pipeline ever• Large proprietary data bank

Vast Market Opportunity• $12B annual geophysical market

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Capitalization

TSX-V: SFD, OTCBB: NSFDF

Capitalization - Shares Outstanding (millions)39.5 Common shares issued10.0* Convertible Preferred shares (convert at 1:1, mature Dec 31, 2015)

3.1 Stock options (average exercise price $0.85)4.5 Warrants (US $1.20 exercise, expire from March 8 to May 4, 2014)

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57.1 Fully diluted # of shares

D&O Insider Ownership – 15.9% Basic, 32% Fully diluted

52 Week High/Low: $0.56 - $1.17

Debt-Free Balance Sheet ~ $2.5 million cash

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

We identify the best oil and gas prospects in 1/10th of the

time, and 1/10th of the cost of seismic methods onshore

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Focuses costly seismic resources on high-graded prospect areas.

SFD® shows explorers where to shoot. Seismic shows them where to drill.

1500

2000

2500

Line

Kilo

met

ers

Data Coverage for $3.5 Million

115 km Seismic vs. 2,500 line kms SFD®

0

500

1000

2D Seismic SFD

Line

Kilo

met

ers

Survey Method

20x more ground coveredEliminates 90% of reconnaissance seismic

SFD ® (5x5)Seismic

5,000 sq. km.

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SFD ® Applications

• Kick-Start New Basin Evaluation

• Conduct Rapid Prospect-Scale Reconnaissance

Identification of trapped reservoirs

• Conduct Rapid Prospect-Scale Reconnaissance

• Evaluate Bid Round Blocks

• Explore Over Water and Difficult Terrain

• Optimize Seismic Surveys

• Verification of Prospects selected by Seismic

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Technology

• Subsurface stress is caused by tectonic movements. Stress can either be in the form of compression, stretching/tensile, or shear stress (e.g. tearing paper sheet)

• Stress affects the gravitational field potential and causes distortions in the field. Fluid trapping reservoirs will affect the stress around them.

• Thus, these stress changes will impact the direction/orientation of the gravitational field.

• 22 sensors on the aircraft detect orientation changes in the horizontal gravity field

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‘SH Max’ is the direction of maximum horizontal stress.

SFD sensor

Gravity field is distorted by stress

Discontinuities affect

regional/local stress distribution

SFDSFD®® responds to perturbations in the gravity field

related to changes in stress direction

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SH min

SH max

changes in stress orientation

entering reservoir

Robust Contractual and Pipeline Activity

Status Location Value

CompleteColombia, Guatemala

$ 3.5 million

Complete Argentina $1.65 million

Selected list of recent contracts and near-term pipeline objectives.

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Complete Argentina $1.65 million

Completion in Q4-12 Mexico $ 4.7 million

Contracted South Asia $ 2.66 million

Pipeline Latin America $ 6.0 million

Pipeline Paraguay $ 3 million

Pipeline Colombia $ 1 - $ 5 million

> $20 million in sole source quotes

Near-termObjectives

1. Service Fees

2. Data SalesIn Colombia alone over 40,000 km of proprietary data have been acquiredAdditional data added with each new survey

Current and Future Revenue Streams

3. RoyaltyExisting GORR contracts in Canada (Pengrowth~ BC Horn River Basin; Alberta ~ Swan Hills)

4. Vertical ExpansionEquity ownership, long term contracts

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$12 BillionGlobal Geophysics

Market

2010 E&P Market:

$447 Billion1% = $120 million

Vast Market Opportunity

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

2012 $13 Million 0.11%

2013 $20 Million 0.17%

2014 $40 Million 0.33%

NXT Revenue Targets

Best Previous Year - $5.3 Million

Record Revenue and Profitability in Q1’12 and 2012 YTD

Q2 2012 Q2 2011

Survey Revenue $ 2,394,863 $ 144,650

EBITDA $ 243,806 $ (1,346,706)

Net Income (Loss) $ 30,660 $ (1,485,227)

Basic and Diluted Earnings (Loss) per share $ - $ (0.02)

Q1 2012 Q1 2011

Survey Revenue $ 2,815,320 $ -

EBITDA $ 501,400 $ (703,466)

Net Income (Loss) $ 337,928 $ (792,717)

Basic and Diluted Earnings (Loss) per share $ 0.01 $ (0.02)

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YTD 2012 YTD 2011

Survey Revenue $ 5,210,183 $ 144,650

EBITDA $ 745,206 $ (2,050,172)

Net Income (Loss) $ 368,588 $ (2,277,944)

Basic and Diluted Earnings (Loss) per share $ 0.01 $ (0.04)

Management Non-Executive Directors

Geosciences Advisory Board

George LiszicaszChairman & CEO

Greg Leavens, C.A.Chief Financial Officer

Charles SelbyCaledonian Royalty Corporation

Mickey Abougoush Teknica Overseas Ltd.

Dr. George IuscoRepsol

Board and Management

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Chief Financial Officer

Andy Steedman, M.B.AV-P Operations

Grafton Withers, M.B.A

V-P Marketing & Sales

Tom ValentineNorton Rose LLP

Brian KohlhammerDelphi Energy Corp.

John AgeeBusiness Advisor

Dr. Carlos VargasUniversity of Colombia

Dr. Cleveland JonesState Univ. of Rio De Janeiro

Extensive public company experience

Solid global management experience

Outstanding scientific credibility

Highlights

• Disruptive Technology for Oil & Gas Exploration

• Profitable and Commercially Proven

• Contract and Pipeline Activity is Robust

• Vast Market Opportunity

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• Vast Market Opportunity

THANK YOU!