NXT Energy provides update on Bolivia survey project (Scandinavian Oil-Gas Magazine)

NXT Energy provides update on Bolivia survey project

Published Nov 3, 2015

NXT Energy Solutions Inc has now completed the SFD® data interpretation phase of its Bolivia survey project, and has delivered its final SFD® data recommendations report to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), the National Oil Company (NOC) of Bolivia.

The final project progress billing of US $5.2 million (net of applicable Bolivia sales taxes arising) has now been issued to our client. NXT Energy has presented the survey results to YPFB senior management in Calgary recently, and expects to make an in-depth technical presentation to YPFB's exploration groups in Bolivia in late November.

Tags: NXT Energy Solutions Inc.

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