LAS VEGAS, NV–(Marketwired – March 24, 2016) – Vivakor Inc. (OTC PINK: VIVK) announces today that it is applying its oil extraction technology to the Middle East.
Vivakor an asset acquisition company focused on Natural Resources, specifically Precious Metals and Energy related projects across the globe, today has announced that its proprietary, oil extraction technology and methodology can be utilized in the the Middle East for clean up operations. Remediation and reclamation is vital to day-to-day oil operations for many companies across the globe. Vivakor Middle East (VIVK-ME) with offices in Doha, Qatar led by Dr. Khalid Bin Jabor Al Thani and Garen Kolajian will spearhead business development activities in the Gulf Coast Countries (GCC) Region.
Vivakor’s intellectual properties are proprietary and proving industry disruptive with a low cost basis in their operational model in their respective natural resources sector. The Company focus is primarily in precious metal and oil extraction from the oil sands rich area in Eastern Utah. The Company announced in 2015 that it is utilizing its energy technology to work with companies globally for remediation and reclamation of contaminated soil affected by oil spills.
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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.