John Tilson, a Director, acquired 215,700 Common Shares on an indirect ownership basis for registered holder Family Trust at prices ranging from US$0.345 to US$0.460 between December 9th, 2020 and December 15th, 2020. This represents a $109,304 investment into the company's shares and an account share holdings change of 4.4%.
NXT Energy Solutions is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.
NXT Energy Solutions Inc. provides aerial survey service to the oil and natural gas exploration and production industry. The Company's Stress Field Detection (SFD) survey technology is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The Stress Field Detection (SFD) survey technology is based on detecting subtle changes in earth's gravitational field from an airborne platform. SFD data acquired is analyzed and can be used to find variations in sub-surface geological stress patterns, which are indicators of potential reservoir and trap formations. The Company's aerial SFD surveys provide a method for clients to focus their decisions related to land commitments and the acquisition of seismic data that is used to locate and delineate exploration prospects. SFD is the airborne tool that provides information on areas conducive to fluid entrapment in the sedimentary column.
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