- CEO
- John Anthony Versfelt
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Bentall Tower 5 Vancouver BC Canada V6C 2B5
- IPO Date
- Feb 16, 2010
- Business
- Nextraction Energy Corp. (OTC: NXTFF) operates as a Canadian junior resource company primarily focused on pursuing strategic opportunities in the energy sector, including the potential recreation of business plans, material refinancing, mergers, business combinations, or other transactions; it previously engaged in the exploration, development, and production of crude petroleum and natural gas reserves in the Western Canadian Sedimentary Basin. The company maintains no significant current operations in petroleum extraction but holds assets under review by consultants such as Niven Fischer Energy Services Inc. for strategic recommendations. It targets opportunities in oil and gas or related ventures, with negligible revenue reported recently alongside small net income positions. Founded in 1984 and headquartered in Vancouver, British Columbia, at Bentall Tower 5, Suite 328, the company conducts activities from British Columbia, Canada. Recent major changes include the appointment of Edmund Gill and Mariia Khriachtcheva as directors on October 17, 2025, replacing Michael Pavicic and John Versfelt who resigned; earlier in May 2024, Michael Pavicic joined the board; in June 2024, the company established a wholly-owned subsidiary, 1486 B. Ltd., by transferring a demand promissory note valued at $116,800 in exchange for shares to support future financing and ventures; and in January 2025, it announced a share sale.