Canada's Energy Exploration Technologies (NXT) has reported that its Stress Field Detector (SFD) technology evaluation program in the Middle East is underway.
After extensive consultation with Syrian Petroleum Company (SPC) and the local aviation authorities the program was approved and NXT was able to fly its first flights and successfully completed 1,600 kilometers of the planned program today. SFD surveys will be flown daily until the entire program is completed.
NXT is conducting the SFD evaluation surveys in Syria in cooperation with the Ministry of Oil and Mineral Resources of Syria and the SPC with the objectives of gaining approval of the SFD technology as a viable exploration tool for locating hydrocarbon bearing structures and jointly exploring and developing the countries' oil and gas resources.
"We will fly about 5,000 kilometers of planned flight lines and expect to submit a report of interpreted data to the Ministry and SPC during the first week of April." stated President and CEO, Mr. Liszicasz. "A successful completion of our survey in Syria will prove that the SFD technology can operate in other geological settings outside North America."
NXT is a technology driven oil and natural gas exploration company based in Calgary, Alberta. The company utilizes its SFD technology as a wide-area exploration tool to prospect for high impact oil and gas accumulations. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
