NXT Energy Solutions Inc. (NSFDF)

[flemsnopes]

George Liszicasz, President and CEO of NXT Energy, noted “Although our revenue levels are lagging expectations for 2014, we are in pursuit of several high-impact projects in Mexico, the USA, South America, and the Pakistan / South Asia region. We are pleased that Mexico, as part of its extensive energy industry reforms, has finally completed its “Round Zero” process, which gives clarity and certainty on which exploration areas it will retain, and which will become open to future international bid rounds. Following this, and an extensive technical review process, NXT now has the opportunity to re-focus efforts on finalizing new survey contracts, both onshore and offshore, with Mexico’s national oil company, PEMEX. Longer term, we will also be able to pursue contract opportunities with new exploration players who will be entering the Mexico market in 2015 with their Government’s announcement of the “Round One” exploration blocks that will be made available for bidding.”