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NXT Energy Solutions Inc. has been granted a US $1.04 million expansion of its existing US $4.73 million SFD aerial survey contract with Pemex.
This brings the value of this current project, which covers large offshore and onshore areas in Mexico, to a combined total of US $5.8 million. SFD data acquisition operations for this contract expansion are complete, according to a news release. Data interpretation is ongoing with delivery to Pemex of NXT’s final recommendations report, covering the expanded project, scheduled to occur by December 2012.
NXT also advises that it plans to have its operations group depart from Mexico this week and following the completion of scheduled aircraft maintenance, intends to commence a US $2.67 million SFD survey contract in South Asia.