Mr. Krishna Vathyam Joins the NXT Board of Directors
CALGARY, ALBERTA--(Marketwire - Jan. 29, 2013) - NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX VENTURE:SFD) (OTCBB:NSFDF) is pleased to announce that Mr. Krishna Vathyam has joined the Board of Directors.
Mr. Vathyam is currently the Chairman and CEO of Petrodorado Energy Ltd. ("Petrodorado") and has extensive experience in international markets; having spent 23 years with Schlumberger, a leading global oilfield services company. Petrodorado is a strongly funded Colombia focused junior E&P which Mr. Vathyam founded in early 2009, and has growing exposure to NXT's existing SFD® survey technology data in Colombia. Specifically, Petrodorado acquired a 49.5% working interest in an exploration block within Putumayo Basin of Colombia, in an area which was subject to a past SFD® aerial survey identifying reservoir prospects.
"We are proud and excited that Krishna is joining the NXT Board of Directors," said George Liszicasz, President and CEO of NXT. "Krishna is a veteran of the oil and gas industry with proven capital markets experience and has demonstrated abilities to understand the challenges of today's leading E&P companies. His insight will help NXT to continue to improve our business model, and to expand our unique exploration service in international markets".