{"success":true,"data":{"pressRelease":{"id":"169590","rtpr_id":"nACSQpscHa-20261014","ticker":"SFD","exchange":"TSX","all_tickers":["SFD"],"title":"NXT Energy Solutions Provides Operational Update","author":"ACCESSWIRE","published_at":"2026-10-14T21:00:12.199Z","article_body":"CALGARY, AB / ACCESS Newswire (https://www.accessnewswire.com/) / October 14,\n2026 / NXT Energy Solutions Inc. (\"NXT\" or the \"Company\")\n(TSX:SFD)(OTCQB:NSFDF) is pleased to provide the following operational update.\n\nQ3-26 Financial Results\n\nThe Company will release its Q3-26 financial results on or before November 16,\n2026. Gerry Sheehan, CEO of NXT, commented, \"The positive financial impact of\nour SFD® surveys in Africa and South Asia is expected to be significant for\nthe third and fourth quarters of 2026.\"\n\nCompletion of Flight Operations for African Survey\n\nOn August 26, 2026, NXT completed SFD® flight operations for an oil and gas\nexploration company in Africa within 14 days. NXT's data interpretation and\ndrilling recommendations are expected to be delivered to the client before the\nend of 2026.\n\nMobilization of Flight Operations for Another SFD® Survey in South Asia\n\nNXT's team has mobilized to South Asia to begin flight operations for another\nSFD® survey. NXT's data interpretation and drilling recommendations are\nexpected to be delivered to the client by the first quarter of 2027.\n\nVertical Growth Initiative: Advancing the Application of SFD® Technology in\nCanada\n\nThe Company continues to advance the application of the Company's proprietary\nSFD® technology and data library containing 50,000 line-kilometers of\nairborne geophysical data in the Western Canadian sedimentary basin. Baycrest\nEnergy Ltd. continues to support NXT in evaluating strategic pathways related\nto this vertical growth initiative.\n\nAircraft Ownership\n\nNXT has exercised the early purchase option in its Cessna Citation 560 Ultra\naircraft's capital lease. Together with the acquisition of the remaining\nrights to the SFD® technology on December 23, 2025, NXT now has 100%\nunencumbered ownership of the operating assets required to deliver SFD®\nservices to clients.\n\nNominal Debt Levels\n\nAs of September 30, 2026, NXT's long-term debt is approximately $519,000 at a\n4% interest rate, due May 2031. No convertible debentures or capital leases\nremain outstanding as of September 30, 2026.\n\nUpcoming Company Presentations\n\nNXT will be attending and presenting at the following two conferences:\n\nLD Micro Main Event XX Los Angeles:\nDate: Tuesday, October 20, 2026\nTime: 9:00 AM (PDT)\nRegistration/Webcast link: Webcast Link (https://pr.report/sd6b)\n\nPlanet MicroCap Toronto:\nDate: Wednesday, October 28, 2026\nTime: 8:00 AM (EDT)\nRegistration/Webcast: Webcast Link (https://pr.report/sd6c)\n\nAbout NXT Energy Solutions Inc.\n\nNXT Energy Solutions Inc. is a Calgary-based technology company whose\nproprietary airborne SFD® survey system, applied in numerous basins around\nthe world, uses the principles of quantum mechanics to infer stress anomalies\nof exploration interest. The method can be used both onshore and offshore to\nremotely identify areas conducive to fluid entrapment in order to recommend\nareas with commercial hydrocarbon and/or geothermal potential. The SFD®\nsurvey system enables our clients to focus their exploration decisions\nconcerning land commitments, data acquisition expenditures and prospect\nprioritization on areas with the greatest potential. SFD® is environmentally\nfriendly and unaffected by ground security issues or difficult terrain and is\nthe registered trademark of NXT Energy Solutions Inc. NXT Energy Solutions\nInc. provides its clients with an effective and reliable method to reduce\ntime, costs, and risks related to exploration.\n\nContact Information\n\nFor investor and media inquiries please contact:\n\n Michael Baker                                     \n Director, Business Development & Capital Markets  \n 302, 3320 - 17 (th)AVE SW                         \n Calgary, AB, T3E 0B4                              \n +1 403 264 7020                                   \n nxt_info@nxtenergy.com                            \n www.nxtenergy.com                                 \n\nForward-Looking Statements\n\nCertain information provided in this press release may constitute\nforward-looking information within the meaning of applicable securities laws.\nForward-looking information typically contains statements with words such as\n\"anticipate\", \"believe\", \"estimate\", \"will\", \"expect\", \"plan\", \"schedule\",\n\"intend\", \"propose\" or similar words suggesting future outcomes or an outlook.\nForward-looking information in this press release includes, but is not limited\nto, information regarding: the timing of the delivery of African and South\nAsia SFD® survey results, the positive financial impact of SFD® surveys in\nAfrica and South Asia, $519,000 of long-term debt being considered nominal,\nand the timing of the release of the Company's financial results for Q3-26.\nAlthough the Company believes that the expectations and assumptions on which\nthe forward-looking statements are based are reasonable, undue reliance should\nnot be placed on the forward-looking statements because the Company can give\nno assurance that they will prove to be correct. Since forward-looking\nstatements address future events and conditions, by their very nature they\ninvolve inherent risks and uncertainties. Actual results could differ\nmaterially from those currently anticipated due to a number of factors and\nrisks. Additional risk factors facing the Company are described in its most\nrecent Annual Information Form for the year ended December 31, 2025 and MD&A\nfor the three and six months ended June 30, 2026, which have been filed\nelectronically by means of the System for Electronic Document Analysis and\nRetrieval (\"SEDAR+\") located at www.sedarplus.ca. The forward-looking\nstatements contained in this press release are made as of the date hereof, and\nexcept as may be required by applicable securities laws, the Company assumes\nno obligation to update publicly or revise any forward-looking statements made\nherein or otherwise, whether as a result of new information, future events or\notherwise\n\nSOURCE: NXT Energy Solutions, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/nxt-energy-solutions-provides-operational-update-1236914)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSQpscHa-20261014","title":"NXT Energy Solutions Provides Operational Update","author":"ACCESSWIRE","ticker":"SFD","created":"2026-10-14T21:00:12.199Z","tickers":["SFD"],"exchange":"TSX","article_body":"CALGARY, AB / ACCESS Newswire (https://www.accessnewswire.com/) / October 14,\n2026 / NXT Energy Solutions Inc. (\"NXT\" or the \"Company\")\n(TSX:SFD)(OTCQB:NSFDF) is pleased to provide the following operational update.\n\nQ3-26 Financial Results\n\nThe Company will release its Q3-26 financial results on or before November 16,\n2026. Gerry Sheehan, CEO of NXT, commented, \"The positive financial impact of\nour SFD® surveys in Africa and South Asia is expected to be significant for\nthe third and fourth quarters of 2026.\"\n\nCompletion of Flight Operations for African Survey\n\nOn August 26, 2026, NXT completed SFD® flight operations for an oil and gas\nexploration company in Africa within 14 days. NXT's data interpretation and\ndrilling recommendations are expected to be delivered to the client before the\nend of 2026.\n\nMobilization of Flight Operations for Another SFD® Survey in South Asia\n\nNXT's team has mobilized to South Asia to begin flight operations for another\nSFD® survey. NXT's data interpretation and drilling recommendations are\nexpected to be delivered to the client by the first quarter of 2027.\n\nVertical Growth Initiative: Advancing the Application of SFD® Technology in\nCanada\n\nThe Company continues to advance the application of the Company's proprietary\nSFD® technology and data library containing 50,000 line-kilometers of\nairborne geophysical data in the Western Canadian sedimentary basin. Baycrest\nEnergy Ltd. continues to support NXT in evaluating strategic pathways related\nto this vertical growth initiative.\n\nAircraft Ownership\n\nNXT has exercised the early purchase option in its Cessna Citation 560 Ultra\naircraft's capital lease. Together with the acquisition of the remaining\nrights to the SFD® technology on December 23, 2025, NXT now has 100%\nunencumbered ownership of the operating assets required to deliver SFD®\nservices to clients.\n\nNominal Debt Levels\n\nAs of September 30, 2026, NXT's long-term debt is approximately $519,000 at a\n4% interest rate, due May 2031. No convertible debentures or capital leases\nremain outstanding as of September 30, 2026.\n\nUpcoming Company Presentations\n\nNXT will be attending and presenting at the following two conferences:\n\nLD Micro Main Event XX Los Angeles:\nDate: Tuesday, October 20, 2026\nTime: 9:00 AM (PDT)\nRegistration/Webcast link: Webcast Link (https://pr.report/sd6b)\n\nPlanet MicroCap Toronto:\nDate: Wednesday, October 28, 2026\nTime: 8:00 AM (EDT)\nRegistration/Webcast: Webcast Link (https://pr.report/sd6c)\n\nAbout NXT Energy Solutions Inc.\n\nNXT Energy Solutions Inc. is a Calgary-based technology company whose\nproprietary airborne SFD® survey system, applied in numerous basins around\nthe world, uses the principles of quantum mechanics to infer stress anomalies\nof exploration interest. The method can be used both onshore and offshore to\nremotely identify areas conducive to fluid entrapment in order to recommend\nareas with commercial hydrocarbon and/or geothermal potential. The SFD®\nsurvey system enables our clients to focus their exploration decisions\nconcerning land commitments, data acquisition expenditures and prospect\nprioritization on areas with the greatest potential. SFD® is environmentally\nfriendly and unaffected by ground security issues or difficult terrain and is\nthe registered trademark of NXT Energy Solutions Inc. NXT Energy Solutions\nInc. provides its clients with an effective and reliable method to reduce\ntime, costs, and risks related to exploration.\n\nContact Information\n\nFor investor and media inquiries please contact:\n\n Michael Baker                                     \n Director, Business Development & Capital Markets  \n 302, 3320 - 17 (th)AVE SW                         \n Calgary, AB, T3E 0B4                              \n +1 403 264 7020                                   \n nxt_info@nxtenergy.com                            \n www.nxtenergy.com                                 \n\nForward-Looking Statements\n\nCertain information provided in this press release may constitute\nforward-looking information within the meaning of applicable securities laws.\nForward-looking information typically contains statements with words such as\n\"anticipate\", \"believe\", \"estimate\", \"will\", \"expect\", \"plan\", \"schedule\",\n\"intend\", \"propose\" or similar words suggesting future outcomes or an outlook.\nForward-looking information in this press release includes, but is not limited\nto, information regarding: the timing of the delivery of African and South\nAsia SFD® survey results, the positive financial impact of SFD® surveys in\nAfrica and South Asia, $519,000 of long-term debt being considered nominal,\nand the timing of the release of the Company's financial results for Q3-26.\nAlthough the Company believes that the expectations and assumptions on which\nthe forward-looking statements are based are reasonable, undue reliance should\nnot be placed on the forward-looking statements because the Company can give\nno assurance that they will prove to be correct. Since forward-looking\nstatements address future events and conditions, by their very nature they\ninvolve inherent risks and uncertainties. Actual results could differ\nmaterially from those currently anticipated due to a number of factors and\nrisks. Additional risk factors facing the Company are described in its most\nrecent Annual Information Form for the year ended December 31, 2025 and MD&A\nfor the three and six months ended June 30, 2026, which have been filed\nelectronically by means of the System for Electronic Document Analysis and\nRetrieval (\"SEDAR+\") located at www.sedarplus.ca. The forward-looking\nstatements contained in this press release are made as of the date hereof, and\nexcept as may be required by applicable securities laws, the Company assumes\nno obligation to update publicly or revise any forward-looking statements made\nherein or otherwise, whether as a result of new information, future events or\notherwise\n\nSOURCE: NXT Energy Solutions, Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/nxt-energy-solutions-provides-operational-update-1236914)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-10-14T21:00:12.253646385Z","server_sent_at_ms":1792011612253},"received_at":"2026-10-14T21:00:12.366Z","source_url":"https://www.accessnewswire.com/newsroom/en/oil-gas-and-energy/nxt-energy-solutions-provides-operational-update-1236914"},"analysis":{"id":"157821","press_release_id":"169590","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["Financial impact claims are forward-looking with no figures yet; confirmation awaits Q3 results due by Nov 16, 2026"],"eventType":"operations_update","narrative":"NXT Energy Solutions completed SFD flight operations for an African oil and gas client in just 14 days and mobilized crews for another survey in South Asia.\n\nCEO Gerry Sheehan said the financial impact of the Africa and South Asia surveys is expected to be significant for Q3 and Q4 2026, with Q3 results due on or before November 16.\n\nThe company also exercised an early purchase option on its Cessna Citation 560, giving it 100% unencumbered ownership of its operating assets, and reported only ~$519,000 in long-term debt at 4%.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Micro-cap operational update with promised 'significant' Q3/Q4 revenue from international surveys — watch the Nov 16 earnings release for confirmation."},"keyFigures":{"guidance":"Q3-26 financial results to be released on or before November 16, 2026; CEO expects significant financial impact from Africa and South Asia surveys in Q3 and Q4 2026","customDimensions":{"data_library":"50,000 line-kilometers","debt_maturity":"May 2031","long_term_debt":519000,"debt_interest_rate":"4%","african_survey_flight_duration_days":14}},"quotedText":"The positive financial impact of our SFD® surveys in Africa and South Asia is expected to be significant for the third and fourth quarters of 2026.","namedEntities":{"people":[{"name":"Gerry Sheehan","role":"CEO"},{"name":"Michael Baker","role":"Director, Business Development & Capital Markets"}],"products":["SFD® survey system"],"companies":[{"name":"NXT Energy Solutions Inc.","ticker":"NSFDF","relationship":"filer"},{"name":"Baycrest Energy Ltd.","relationship":"strategic partner"}],"dollarAmounts":[{"amount":"$519,000","context":"long-term debt as of September 30, 2026"}]},"materialImpact":{"score":2,"reasoning":"Positive operational update: completed African survey, mobilized South Asia survey, CEO expects significant Q3/Q4 financial impact, nominal debt, and unencumbered asset ownership. But no revenue or earnings figures yet; results are promised by Nov 16."},"tickerRelevance":{"others":[{"ticker":"NSFDF","relevance":"OTCQB listing of the same issuer"}],"primary":"SFD"},"globalImportance":12,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine operational update with positive tone","issuerAuthored":true,"retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"NXT Energy Solutions completed SFD flight operations for an African oil and gas client in just 14 days and mobilized crews for another survey in South Asia.\n\nCEO Gerry Sheehan said the financial impact of the Africa and South Asia surveys is expected to be significant for Q3 and Q4 2026, with Q3 results due on or before November 16.\n\nThe company also exercised an early purchase option on its Cessna Citation 560, giving it 100% unencumbered ownership of its operating assets, and reported only ~$519,000 in long-term debt at 4%.","key_figures":{"guidance":"Q3-26 financial results to be released on or before November 16, 2026; CEO expects significant financial impact from Africa and South Asia surveys in Q3 and Q4 2026","customDimensions":{"data_library":"50,000 line-kilometers","debt_maturity":"May 2031","long_term_debt":519000,"debt_interest_rate":"4%","african_survey_flight_duration_days":14}},"named_entities":{"people":[{"name":"Gerry Sheehan","role":"CEO"},{"name":"Michael Baker","role":"Director, Business Development & Capital Markets"}],"products":["SFD® survey system"],"companies":[{"name":"NXT Energy Solutions Inc.","ticker":"NSFDF","relationship":"filer"},{"name":"Baycrest Energy Ltd.","relationship":"strategic partner"}],"dollarAmounts":[{"amount":"$519,000","context":"long-term debt as of September 30, 2026"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T21:00:17.154Z","global_importance":12,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine operational update with positive tone","issuerAuthored":true,"retailFavoriteBoost":0}},"durationMs":4775,"modelName":"glm-5.3-flashx"}}