LAS VEGAS, NV–(Marketwired – June 22, 2016) – Vivakor Inc. (OTC PINK: VIVK) announced today that it is has successfully applied its oil extraction technology in tests of contaminated soil from a large Middle Eastern national oil company spill.
Vivakor an asset acquisition company focused on Natural Resources, specifically Energy related projects across the globe, today has announced that its proprietary, oil extraction technology and methodology was utilized effectively in a multi-sample test. Test samples included a range from sludge to pure oil. This proven process for the Middle East will be utilized for clean-up operations. Remediation and reclamation is vital to day-to-day operations for oil companies across the globe.
Vivakor, Inc. procures and develops revenue producing assets around the world. These holdings include intellectual properties that are proprietary and largely disruptive while centered principally in the natural resources sector.
The Company is primarily focused on the Energy Sector, specifically oil extraction, remediation and reclamation as well as enhanced oil recovery. Unique to the Company is a rapid deployment mobile, global capability for remediation and reclamation of contaminated soil created due to oil spills. The company has successfully cleaned soil and recovered oil for some of the largest oil operators in the world.
Additionally, the Company utilizes a thermal based technology for extraction of mainly precious metals from sand based ore. Effectively capturing non-visible precious metals and rare earth minerals through a proprietary technology and method for processing material from one of their many claim sites.
ABOUT VIVAKOR, INC.
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This press release may contain forward-looking statements, including, but not limited to, statements regarding Vivakor’s products and their related market potential. Forward-looking statements may be identified 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. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. 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 are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Vivakor undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.