News

Vivakor Secures Multi-Million Dollar Royalty Financing Contract for its Third Remediation Processing Center

LAS VEGAS, Oct. 25, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, announced today the closing of a multi-million dollar financing contract with NDH Royalty Source, for the funding of its Royalty III Remediation Processing Center (RPC).

Vivakor’s Royalty III RPC, based on its patent pending technology for remediation and extraction of Hydrocarbons from soil material, is expected to be launched in the first quarter of 2019. Vivakor operates the RPC’s through its VivaVentures Energy Group Inc. division currently in Utah and Kuwait.  The need for RPC’s throughout the world applies to any hydrocarbon mixed in soil remediation and certain Oil Sands operations.

Read more

Vivakor is Proud to Announce it has Now Entered its Fundamental Revenue Growth Phase

LAS VEGAS, Oct. 09, 2018 (GLOBE NEWSWIRE) — Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, is proud to announce that its Remediation Processing Centers have now entered the fundamental revenue growth phase.

Vivakor’s business model is structured to maximize the creation of value for its investors and shareholders. Each Remediation Processing Center is expected to generate sufficient revenue and profit margin over its first four years in operation to be able to provide a solid return of capital of initial costs for its investors and significant profits for Vivakor shareholders.

Read more

Vivakor Files for an Additional Patent Surrounding its Oil Sand Remediation Technology

LAS VEGAS, September 13, 2018–(GLOBE NEWSWIRE) – Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, today announced that it has filed for an additional patent regarding its closed-looped hydrocarbon recovery system for oils sands.

Vivakor continues to position itself as a technology leader, having deployed patent-protected technology and equipment that works in the field. This new patent submission expands the Company’s technology patent portfolio and builds upon its barrier to entry in separating itself from the competition. Vivakor’s technology has proven to be environmentally friendly, removing the hydrocarbon-emitting oil sands, leaving behind only clean, dry sand and fresh air.

Read more

Vivakor Oil Remediation Unit Arrives in Kuwait

LAS VEGAS, August 23, 2018–(GLOBE NEWSWIRE) – Vivakor, Inc. (VIVK), a technology and asset acquisition company with a focus in the area of natural resources, today announced its successful delivery of its oil remediation unit in Kuwait.

Under its previously announced contract award from February 15, 2018, Vivakor expects to begin work in September. The initial work covers approximately 15,000 metric tons of contaminated sands and is expected to be completed in six months. This first phase of the contract totals approximately $2 million and represents just a small fraction of the total opportunity of the project in Kuwait.

Read more

Vivakor Engages Hayden IR to Develop Comprehensive Investor Relations Program

LAS VEGAS, July 12, 2018–(GLOBE NEWSWIRE) – Vivakor Inc. (OTC PINK:VIVK), a technology and asset acquisition company with a focus in the area of natural resources, today announced that it has retained Hayden IR, a national investor relations consulting firm, to implement a strategic investor relations program grounded in best practices. Hayden IR will work to raise Vivakor’s visibility within the investment community by strengthening its relationships and increasing awareness with the goal of ultimately enhancing shareholder value.

“We are encouraged by our business progress and traction over the past few months and believe we are well positioned to penetrate market opportunities and future revenue growth,” said Matt Nicosia, Vivakor’s Chief Executive Officer.

Read more