News

Vivakor Acquires Strategic Technology

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.

Read more

Vivakor Technology Partnership

LAS VEGAS, NV–(Marketwired – September 05, 2017) – Vivakor Inc. (OTC PINK: VIVK) announced that its Energy Unit has entered into a Joint Technology Venture with CSS Nanotech, Inc. (CSSN) based in Houston, TX.

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

Read more

Vivakor Launches Exploration Division to Acquire Interest in Producing Wells

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.”

Read more

Vivakor to Present at the Annual Energy Development Summit 2017 in Salt Lake City

LAS VEGAS, NV–(Marketwired – April 27, 2017) – Vivakor Inc. (OTC PINK: VIVK) is pleased to announce that the company will be presenting at the Energy Development Summit being held May 3-4, 2017 at Grand America Hotel in Salt Lake City, UT.

Matt Nicosia, Chairman and CEO, will be participating in a morning panel discussion on Capitalizing Energy Financing Strategies. Presentations will be conducted by noted figures in politics like the Gov. Gary Herbert (UT) and Matt Mead (WY), along with the Ambassador to Mexico Geronimo Gutierrez who will be part of a panel discussing Advancing Strategic Partnerships. In addition, such leaders in the energy space like Jack Gerard, Pres/CEO of the American Petroleum Institute (API) will also be speaking amongst many others. Two full days of presentations and breakout sessions by the leaders in the Energy Sector in Utah. Thousands of attendees from around the world

Read more

Positive Annual Financial Results for Vivakor

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.

Read more