ANNUAL GENERAL MEETING S A N TA B A R B A R A , C A JUNE 26, 2014 1
AGM for the fiscal year ended December 31, 2013 Info Circular matters to be approved at the AGM 1. Financial statements for the year ended Dec 31, 2013, and re-appointment of KPMG as auditors of NXT 2. Election of nominees for the…
Financial Position Cash and short-term investments Approx 7.6 million Debt-free Balance Sheet 2014 YTD Revenues US 3.6 million Capitalization - Shares Outstanding (millions) 44.7 Common shares issued 8.0 * Convertible Preferred…
2013 and 2014 YTD in review Strong Financial Position Cash and short-term investments of 5.8 million at end Q4-2013, increased to 7.8 million at end of Q1-2014 Warrant exercise proceeds received of 3.8 million (2.7 million in…
2013 and 2014 YTD in review PEMEX Publishing Joint Paper (July, 2013) demonstrated the efficacy of SFD and the significant value added to exploration. The paper highlights the geophysical correlations from the PEMEX Integration…
Gravimetry vs. SFD Gravimetry SFD Sensor mass Heavy mass Light oscillating masses (magnitude only) (wave properties) Quantitative measurement Qualitative detection Response (bulk density) for higher sensitivity…
2013 and 2014 YTD in review Current Opportunities PEMEX European Internationals Asia KEROGEN Exploration Bolivia Peru 8
2013 and 2014 YTD in review VERTICAL EXPANSION Real value of SFD is what's in the ground (without diluting existing investors) Monetize existing SFD data Leverage SFD service Royalties, equity ownership, cash consideration,…
2013 and 2014 YTD in review Intellectual Property and Sensor Advancement US patent application submitted in May 2013, published for comment in November 2013 (now Patent pending status) Additional potential patent extensions /…
2013 and 2014 YTD in review Joint Technical Papers Strong Endorsements of SFD The PEMEX paper (July 2013) Pakistan Petroleum Ltd. (PPL) paper (Nov 2013) Commitments from two additional clients to write joint technical papers…
2013 and 2014 YTD in review New Marketing Initiatives NXT exploring long-term opportunities to monetize Colombia data library, establish Vertical Expansion model Expanded our data libraries to include data in Argentina, USA and…
2013 and 2014 YTD in review Significantly expanded sales funnel Completed pre-qualification phase for 7 clients, in process for 2 clients 9 Clients in Pakistan, Mexico, Bolivia, USA, Argentina stated they plan to use SFD in…
Exploration activity on recent SFD survey areas, and new opportunities E&P Joint Potential US Value Country activities Papers Contracts (millions) Colombia Drilling (P) - 1+ 1.5+ Guatemala Drilling (C) - - - Argentina seismic…
Key Goals for 2014 and beyond PEMEX Close on expanding this key relationship Complete the technical review stage, finalize terms of a new survey Prove the value of SFD in deep-water exploration Through work with PEMEX, gain exposure…
Key Objectives for 2014 and beyond Expansion of Client base and New Markets Build on our success in Pakistan and Latin America to gain at least two new NOC clients (OMV, OGDCL, ENI, Petronas, YPFB, YPFB Andina, YPFB Chaco, Petrobras)…
Loading...
