Pakistan: PPL plans airborne geophysical survey

Jan. 5, 2011
Pakistan Petroleum Ltd. issued a letter of award to NXT Energy Solutions Inc., Calgary, for a stress field detection airborne survey in Pakistan.

By OGJ editors
HOUSTON, Jan. 5
– Pakistan Petroleum Ltd. issued a letter of award to NXT Energy Solutions Inc., Calgary, for a stress field detection airborne survey in Pakistan.

Total estimated value of the survey, which is to begin in the first quarter of 2011, is $2.66 million. NXT did not disclose the location or extent of the survey.

Award of the contract is subject to execution of a definitive contract and submission by NXT of a 10% performance bond.