Archive for category: News

LAS VEGAS, NV–(Marketwired – September 11, 2017) – Vivakor Inc. (OTC PINK: VIVK) announced that it has acquired strategic intellectual properties (IP) from QuantumSphere, Inc. (OTCBB: QSIM) based in Santa Ana, CA.

Vivakor has secured sought after patented Nanocatalyst IP from QSI in an all-stock transaction. The technology produces various catalytic elements found on the periodic table in the 30-60 nanometer range. The result is a catalyst with an extremely high surface area yielding greater catalytic activity. As much as 90% of all chemical processes utilize catalysts (including oil refining, pollution abatement, and production of fuels and chemicals). Due to the need for cleaner fuels and more energy-efficient chemical production processes, global demand for catalysts is forecasted at over $20 billion in 2019.

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LAS VEGAS, NV–(Marketwired – August 17, 2017) – Vivakor Inc. (OTC PINK: VIVK) announces that the company has created a division for developing and acquiring fractional ownership interest in producing oil wells within the United States. VivaVentures Exploration will acquire working interest in near term operating wells focused in certain areas of the Western States to start and then expand such acquisitions as management deems advantageous. Such fractional ownership will extend across multiple wells enabling diversification of the investment. Additionally, the VivaVentures Exploration division will be procuring shallow wells that other Vivakor technologies may be applied to increase well productivity significantly.

CEO Matt Nicosia stated, “The creation of this exploration division enables the company to procure natural resource assets that are diverse of our existing operations. When our technologies are applied to such resources it can result in a tremendous increase in the value of our assets. This new division will focus on asset acquisition to further enhance our balance sheet while creating great opportunities for better utilization of the Company’s technologies. Vivakor’s focus is on continually increasing asset value through its exclusive metals and hydrocarbon extraction technologies.”

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LAS VEGAS, NV–(Marketwired – April 21, 2017) – Vivakor Inc. (OTC PINK: VIVK) announced GAAP based financial results for the quarter ended December 31, 2016.

Company financials are filed quarterly with OTC Markets and all filings are available on the OTC Markets web page. Some key year-over-year figures are the 26% increase in total assets, 135% increase in revenues, and shareholder equity was up for the fourth quarter ending December 31st.

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LAS VEGAS, NV–(Marketwired – January 25, 2017) – Vivakor Inc. (OTC PINK: VIVK) announced today that its VivaRRT Joint Venture has formally entered in to agreement with KEW a Saudi Aramco approved oil disposal site, for remediation and reclamation services. The Company believes this will be the first of many contracts to come to VivaRRT in the coming years in the Middle East Region.

Saudi Arabia through Saudi Aramco, the country’s oil company, produces 10M (Million) barrels of oil per day, and through the course of their daily operations inadvertently spills oil. The scale of their nationwide operations is so vast that even small, recurring spills results in sizable accumulation. Aramco has designated oil waste disposal sites within the country and VIVARRT will actively work on a continual basis directly on the cleanup. This project is slated to begin in early Spring 2017.

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LAS VEGAS, NV–(Marketwired – October 19, 2016) – Vivakor Inc. (OTC PINK: VIVK) announced that its Energy Division has completed the Joint Technology Venture of its mobile oil extraction and remediation unit with Remediation & Recycling Technologies, Inc. (RRT) based in Irvine, CA.

The venture focuses on oil waste in the energy sector. Vivakor’s remedial and recycling technology division’s focus is on creating technologies that enable the transformation of waste into usable products; providing incredible economic and environmental benefit to its clients across the globe.

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