LAS VEGAS, NV–(Marketwired – March 7, 2018) – Vivakor Inc. (OTC PINK: VIVK) announced today that VivaVentures Energy Group, a wholly owned subsidiary of Vivakor Inc., has successfully extracted hydrocarbons from the oil sands in Utah for the past year.

Vivakor’s patent pending, closed looped hydrocarbon extraction technology was invented to solve a pivotal problem within the state of Utah: how to monetize over 30 billion barrels of estimated heavy crude reserves found within the oil sands in the state. Vivakor is the first and only Company to consistently produce oil from oil sands with an environmentally-friendly, closed-looped system. This system has demonstrated continuous developmental production of crude oil, while the sands are cleaned to 99% purity of all contaminants, and has done so for over a year now.

Vivakor Chairman and CEO Matt Nicosia said, “The success of our patent pending technology has achieved a new milestone. With over a year of continual developmental production we have been able to go where no one has before with oil sand hydrocarbon extraction in Utah. Before Vivakor’s success with oil sands, the most that any technology had operated was for four hours continual. Not only were we the first continual technology to be able to operate 24 hours a day, we have been producing oil for over a year. This has enabled Vivakor to prove our technology and maximize asset value. We look forward to creating further shareholder value by expanding our footprint worldwide.”

Vivakor is an asset acquisition company that procures, develops and commercializes revenue producing assets across the globe. These holdings include intellectual properties that are proprietary and largely disruptive while centered principally in the natural resources sector.

For more information, please visit

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor’s filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” or “continue” and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.