CORPORATE PRESENTATION

(UPDATED December 5, 2012)

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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 OTCBB 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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SFD survey locations Agents/LiaisonsNXT Offices

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2012 – A Record Year

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

Near-termObjectives

Status Location US$ Value

Complete Colombia, Guatemala $ 3.5 million

Complete Argentina $ 1.65 million

Completion in Q4-12 Mexico $ 5.8 million

Completion in Q4-12 Belize $ 0.45 million

Planned Q1-13 South Asia $ 2.66 million

Pipeline Central & Latin America $ 5 million

Pipeline Paraguay & Bolivia $ 5 - $ 8 million

Pipeline Colombia $ 1 - $ 5 million

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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

NXT Energy Solutions

SFD (Stress Field Detection) • Disruptive Patent Pending Airborne Survey Technology for Oil & Gas Exploration• The only tool that can detect trapped reservoirs at stage I of the exploration cycle

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We can identify the best oil and gas prospects

in at least 1/10th of the time,

and 1/10th of the cost of seismic

2D Seismic SFD0

500

1000

1500

2000

2500

Survey Method

Line

Kilo

met

ers

SFD delivers Focus quickly and cost effectivelySignificantly reduces reconnaissance seismic

Data Coverage for $3.5 Million

SFD ® (5x5)Seismic

5,000 sq. km.

115 km Seismic vs. 2,500 line km SFD®

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SH min

SH max

Gravity field is distorted by stress

Discontinuities affect regional/local stress distribution

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

changes in stress orientationentering reservoir

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NXT Survey Results in Colombia

(May 2009 – July 2012)

To date, 11 SFD Lead Areas have been drilled, 7 of which were successful, resulting in the discovery of 4 oil pools with an estimated 1.26 Billion BBL OOIP.

In addition, 8 wells were drilled along SFD survey lines that were not recommended by SFD, none of which have resulted in a discovery.

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SFD® Services

Concession Level

- Reconnaissance grid designed to identify and rank

individual reservoir prospects and/or optimize seismic programs (PRE)

- Prospect Verificationhigh-grading seismically derived prospects based on reservoir quality onshore/offshore (PRE, BP)

Basin Level

grid designed to identify Trap Potential (PEMEX)

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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

Vast Market Opportunity

2012 $11 Million 0.09%

2013 $20 Million 0.17%

2014 $40 Million 0.33%

NXT Revenue Targets

Best Previous Year - $5.3 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, long term 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 ~ $3.5 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

Geosciences Advisory Board

George LiszicaszChairman & CEO

Greg Leavens, C.A.Chief Financial Officer

Andy Steedman, M.B.AV-P Operations

Grafton Withers, M.B.A

V-P Marketing & Sales

Charles SelbyCaledonian Royalty Corporation

Mickey Abougoush Teknica Overseas Ltd.

Tom ValentineNorton Rose LLP

John AgeeBusiness Advisor

Dr. George IuscoRepsol

Dr. Cleveland JonesState Univ. of Rio De Janeiro

Extensive public company experience

Solid global management experience

Outstanding scientific credibility

Board and Management

Highlights

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• Disruptive Technology for Oil & Gas Exploration

• Profitable and Commercially Proven

• Contract and Pipeline Activity is Robust

• Vast Market Opportunity

THANK YOU !