INVESTOR PRESENTATION

(Updated February 15, 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 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.

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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.comA Canadian Public Company

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NXT’s method will identify the best oil and gas prospects

10 times faster, and at up to1/20 the cost of seismic….

Onshore / Offshore

SFD ® “Stress Field Detection”

SFD® (Patent Pending)

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A Disruptive Technology with Global Impact

SFD signal over Rubiales Field, Colombia

500 million bbls Rec.

SFD signal over Ladyfern Field, Canada

1.62 Trillion cu. ft. Rec.

SFD® Anomaly

Ladyfern Field Signal Response

SFD® Anomaly

Rubiales Field Signal Response

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 LevelBasin Level Well Level

Prospect Identification Prospect Verification

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

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Focus is the key

Cost

Time

Risk

E&P Success =

LOW FINDING COSTS

REDUCES

SFD®: Fast Tracks the Exploration Process

EnvironmentalFootprint

The aircraft

Cessna 560 Citation jet

(fly at 10,000 feet, 300 mph)

The SFD Sensors

2 systems of quantum devices

Data recording equipment

(2,000 cycles / second)

Aircraft positioning system

GPS based, tracks flight lines

SFD® Data Acquisition System(Versatile and rapid deployment)

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SFD ® grid (2x2) miles

2D-Seismic

What will $5.0 Million get you?

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

Area = 2,000 square miles

2D Seismic SFD0

500

1000

1500

2000

2500

Line Miles

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SH min

SH max

Gravity field is distorted by stress

Discontinuities affect regional/local stress distribution

changes in stress orientationentering reservoir

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

Recent scientific advancements

validate the premise of using

quantum devices for

potential field surveys.

What’s New?

DARPA* Research Note, September 20, 2012:

“. . . micro-scale inertial sensors work like a focault pendulum. (the) sensors send out vibrations (and) the precession of a standing wave is measured . . .”

*Defense Advanced Research Projects Agency

Institute for Quantum Computing (IQC)University of Waterloo; Facility Opening – September 2012:

“. . . Research at IQC aims to harness (the) unique properties of quantum mechanics to build unprecedented technologies, such as . . . highly efficient sensors . . .”

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SFD ® - A Quantum Technology

SFD® Product

A recommended target map of anomalies identified by SFD® interpretation, rated on both reservoir and trap characteristics.

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

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100 miles

100

mile

s

Colombia example – the Quifa blockTested by Drilling

‘Blind Test’ Results

SFD ® identifies 4 leads

All verified by seismic

A – 100 million bbl

F - 100 million bbl

B - drills 100 ft wet sand

X - un-drilled

X

AF

B

X

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

NXT conducted 10 surveys for 5 clients

totalling more than 7,000 line kilometers

Wells drilled on SFD recommended leads

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CommercialWells7 0

PredictionSuccess Rate64% 100%

Estimated 1.26 Billion BBL OOIP

4 Field Discoveries

Wells drilled in areas rejected by SFD

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SFD® Recommendations vs. Discovery

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Highlights of the PEMEX 2012 SFD survey project:

• initial survey covered vast area (over 100,000 sq. km)

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

• the survey was designed to assess SFD correlation with existing geophysical data and producing fields and to identify new exploration prospects

• the total project with recommendations was delivered in only 4 months

• PEMEX is assessing the potential for new SFD surveys for 2013

• PEMEX requested NXT to co-author a technical paper, which includes SFD / seismic correlation.

The paper will be presented at the June 2013 Congreso Mexicano del Petroleo in Mexico. 

Importance? – PEMEX, 4th largest world-wide E&P, further validating the use of SFD!

SFD® - Growing Industry Acceptance

Note: Summary in lieu of confidential slides contained in live presentation

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SFD Case Example 8

Canadian PlainsNatural Fractures in Shale

Horn River, British Columbia

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SFD Case Example 8

Canadian PlainsNatural Fractures in Shale

Horn River, British Columbia

Directional drilling

Flight direction

Alaska - NPRA

Potential SFD Survey Areas

New Frontiers - Alaska Onshore Exploration

A

B

Proposed Survey ‘A’

~ 5,000 square miles

3 X 3 mile grid survey$5.5 million approximate cost

Proposed Survey ‘B’

~ 2,000 square miles

3 X 3 mile grid survey$2.5 million approximate cost

Each delivered in 4 months!

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

$12 BillionGlobal Geophysics

Market

2010 E&P Market:

$447 Billion1% = $120 million

A Vast Market Opportunity

2012 $11.4 Million 0.09%

2013 $20 Million 0.17%

2014 $40 Million 0.33%

NXT Revenue Targets

Best Previous Year - $5.3 Million

Offices/Agents2012 Ongoing Projects

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2012 – A Record Year - $11 million

Summary of recent contracts and near-term pipeline objectives.

Near-termObjectives

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

Underway Q1-13 South Asia $ 2.66 million

Pipeline Central & Latin America $ 10 million

Pipeline Asia $3 - $8 million

Pipeline Mediterranean $4 - $6 million

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 in prospectsLong term service contracts

Current and Future Revenue Streams

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Capitalization

TSX-V: SFD, OTCBB: NSFDF

Capitalization - Shares Outstanding (millions)39.5 Common shares issued

10.0* 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 ~ $4.0 million cash

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

(2 million of the total are currently convertible)

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Management Non-Executive Directors

Advisory Board

George LiszicaszChairman & CEO

Greg Leavens, C.A.

Chief Financial Officer

Andy Steedman, M.B.A

V-P Operations

Grafton Withers, M.B.A

V-P Marketing & Sales

Charles SelbyCaledonian Royalty Corporation

Mickey Abougoush Teknica Overseas Ltd.

Tom ValentineNorton Rose LLP

Krishna VathyamPetrodorado Energy

John AgeeBusiness Advisor

Dr. George IuscoRepsol

Dr. Cleveland JonesState Univ. of Rio De Janeiro

Dr. Arief BudimanUniv. of Calgary, Canada

Extensive public company experience

Solid global management experience

Outstanding scientific credibility

Board, Management and Advisors

SFD ® Highlights

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• Rapid and Cost-Effective

• Onshore and Offshore Surveys

• Commercially Proven and Profitable

• Vast Market Opportunity

• Quantum Technologies are the Future

THANK YOU !

NXT Contact Information

Main Telephone +1-403-264-7020

Email: nxt_info@nxtenergy.com

Website: www.nxtenergy.com

Head Office Address

1400, 505 – 3rd Street SW

Calgary, Alberta, Canada, T2P3E6