CORPORATE PRESENTATION

(January 17, 2013)

A P R O V E N , D I S R U P T I V E T E C H N O L O G Y F O RH Y D R O C A R B O N E X P L O R A T I O N

Disclaimer and Forward-looking Statementsg

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,"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 theForward-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 andstatements 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 authoritiessecurities regulatory authorities.

Neither the TSX-Venture nor the OTC Exchanges accept responsibility for the adequacyor accuracy of any information contained in this document.y y

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n tenerg comA Canadian A Canadian Public Public CompanyCompany

www.nxtenergy.com

NXT NXT Energy Energy Solutions Inc. Solutions Inc. is a service provider to the upstream Oil & Gas Industry:  

Engaged in exploration reconnaissance.g g p

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

SFDSFD®® Survey SystemSurvey System

us g a u que a bo e su ey e od

y yy y

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SFDSFD®® “Stress Field Detection”SFDSFD Stress Field Detection

NXT’sNXT’s method will identify the best oil and gas prospects y g p p10 times faster, and at up to1/20 the cost of seismic

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SFD® (Patent Pending)

SFD® SFD®  Survey in Colombia - 2009

Sabanero Block

• NXT recommendation in Dec 2009

• 3D Seismic over the block (grey area) completed by December

• Discovery July 2010 with an estimated y y180 million barrels OOIP. 

• Today the entire field is developedToday the entire field is developed. 

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SFDSFD®® Survey, Pacific Rubiales, Tacacho block, ColombiaTacacho block, ColombiaSFDSFD Survey, Pacific Rubiales, Tacacho block, ColombiaTacacho block, Colombia

SFD® grid program fully evaluated  the 7,500 kmSFD® grid program fully evaluated  the 7,500 km22 areaarea• Flown 2000 line km 

• From Start to finish 7 weeks

• Pacific Rubiales relinquished non‐prospecting areas

• Petrodorado farms inPetrodorado farms in $8 million commitment

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Tacacho and Terecay 2010 Results

Drilling in Q1 2013Drilling in Q1 2013

This chart shows the explorationThis chart shows the exploration leads and resource expectations in the Tacacho and Terecayareas vs. the top SFD anomalies

Source : PRE – Exploration Asset Portfolio Report (September 2010)

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SFD®: Fast Tracks the Exploration Process

Cost

p

Cost

Time E&P Success C S

Risk=

LOW FINDING REDUCES

COSTSEnvironmentalFootprintFootprint

Focus is the key7

SFD®SFD® SystemSFD  SFD  System

Inferred knowledge of Trap & Reservoir detail steadily increases

Prospect LevelBasin Level Well Level

Exploration spectrum

Aeromagnetics Hi-Res 2 D 3 D DrillingGravityAeromagnetics& Gravity

Hi-ResAeromag

2-DSeismic

3-DSeismic

Drilling

SFD®

GravityGradiometry

Reconnaissance Prospect Identification Prospect Verification

The resolution of an SFD ® survey significantly surpasses other remote sensing techniques

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SFD® Data Acquisition System

The aircraft Cessna 560 Citation jet (fly at 3,000 meters, 500 km/h)

The SFD SensorsThe SFD Sensors2 systems of quantum devices

Data recording equipment(2,000 cycles / second)

Aircraft positioning systemGPS based, tracks flight lines, g

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SFDSFD®® responds to perturbations in the gravity field related to changes in stress directiong

Gravity field is distorted by stress

Discontinuities affect regional/local stress distribution  

SH max

SH min

changes in stress  orientationt i i

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entering reservoir

Offices/Agents2012 Ongoing Projects

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Estimated 1 26 Billi

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1.26 Billion BBL OOIP

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QUIFA BLOCK SFD BLIND TESTTested by DrillingTested by Drilling

‘Blind Test’ Results

SFD ® identifies 4 leads

AF

SFD ® identifies 4 leadsAll verified by seismicA – 100 million bbl B

X

RUBIALES OIL RUBIALES OIL

F - 100 million bblB - drills 100 ft wet sandX - un-drilled

XX

FIELDFIELD

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2012 – A Record Year - $11million

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

Status Location US$ Value

Complete Colombia Guatemala $ 3 5 millionComplete Colombia, Guatemala $ 3.5 million

Complete Argentina $ 1.65 million

Near-termObjectives

Complete Mexico $ 5.8 million

Complete Q4-12 Belize $0.5 millionObjectives

Underway Q1-13 South Asia $ 2.66 million

Pipeline Central & Latin A i $ 5 millionPipeline America $ 5 million

Pipeline Paraguay & Bolivia $ 5 - $ 8 million

$ $

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Pipeline Colombia $ 1 - $ 5 million

Vast Market Opportunity

2010 E&P M k t

pp y

$12 BillionGlobal Geophysics

2010 E&P Market:

$447 BillionMarket 1% = $120 million

NXT Revenue Targets2012 $11.4 Million 0.09%2013 $20 Million 0.17%

NXT Revenue Targets

2014 $40 Million 0.33%

Best Previous Year - $5.3 Million

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

Current and Future Revenue StreamsCurrent and Future Revenue Streams

1. Service Fees

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

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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SFD®SFD® Services

Concession Level

- Reconnaissance- Reconnaissance Grid designed to identify and rank individual reservoir prospects and/or optimize seismic programs (PRE)optimize seismic programs (PRE)

- Prospect VerificationHi h G di i i ll d i dHigh-Grading seismically derived prospects based on reservoir quality onshore/offshore (PRE, BP)

Basin Level Grid designed to identify TrapGrid designed to identify Trap Potential (PEMEX)

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115 km Seismic vs. 2,500 line km SFD®

Data Coverage for $3 5 Million

2500

Data Coverage for $3.5 Million

1500

2000

omet

ers

500

1000

Line

Kilo

02D Seismic SFD

Survey Method SFD ® (5x5)Seismic

5,000 sq. km.

SFD delivers Focus quickly and cost effectively

Seismic

q y ySignificantly reduces reconnaissance seismic

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SFDSFD® Product

A recommended target map of anomalies id tifi d b SFD®identified by SFD®interpretation, rated on both reservoir and trap characteristicscharacteristics.

From this SFD® Based Prospectivity mapProspectivity map, seismic can be tailored to maximize results and minimize costminimize cost.

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SFDSFD® ® Capabilities and LimitationsCapabilities and Limitations

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 differentiate reservoir fluid types (water or oil/gas)

cannot determine exact drill location

f fcannot define depth of reservoir

cannot distinguish the number of stacked reservoirs without

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lateral offset

May 25, 2009 SFD® signal over

NA

heavy oil Rubiales field

B

age

(v)

B

Volta

Signal relaxation

Time (seconds)

Signal relaxationReservoir indicatorA B

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SFD Colombia Offshore Example : Chuchupa is a 5.5 TCF Gas Field

Chuchupa Gas FieldChuchupap

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SFD Case Example 8Canadian Plains

Natural Fractures in ShaleHorn River, British Columbia

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SFD Case Example 8Canadian Plains

Natural Fractures in ShaleHorn River, British Columbia

Directional drilling

Flight direction

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Further Technical Validation

NXT is ahead of the curve with the

SFD® sensorJQI has “developed a novel design for a highly compact, ultra-sensitive quantumdevice to measure subtle changes in gravityQ d

SFD® sensor. device to measure subtle changes in gravity using atomic interferometry.”

It may “be used to search for natural resources beneath the Earth’s

Quantum detectors are now being proposed by prestigious researchers.

surface.”

August 2010

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Source: http://www.jqi.umd.edu/news/242‐a‐new‐design‐for‐a‐gravimeter.html

Capitalizationp

TSX V: SFD OTCBB: NSFDFTSX-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)

57.1 Fully diluted # of shares

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

52 Week High/Low: $0.59 - $1.17

Debt-Free Balance Sheet ~ $5.0 million cash

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

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(2 million of the total are currently convertible)

Board, Management and Advisors

Management Non-Executive Geosciences

g

Management Non Executive Directors

Geosciences Advisory Board

George LiszicaszChairman & CEO

Charles SelbyCaledonian Royalty Corporation

Dr. George IuscoRepsolChairman & CEO

Greg Leavens, C.A.Chief Financial Officer

Caledonian Royalty Corporation

Mickey Abougoush Teknica Overseas Ltd.

Repsol

Dr. Cleveland JonesState Univ of Rio De Janeiro

Andy Steedman, M.B.AV-P Operations Tom Valentine

Norton Rose LLP

State Univ. of Rio De Janeiro

Dr. Arief BudimanUniv of Calgary Canada

Grafton Withers, M.B.A

V-P Marketing & SalesJohn AgeeBusiness Advisor

Univ. of Calgary, Canada

Extensive public company experience

Solid global management experience

Outstanding scientific credibility

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Highlightsg g

• Disruptive Technology for Oil & Gas Explorationp gy p

• Profitable and Commercially Proven

• Contract and Pipeline Activity is Robust

• Vast Market Opportunity• Vast Market Opportunity

THANK YOU !THANK YOU !

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