Vivakor, Inc.

Vivakor, Inc. was organized in 2006 as a Nevada limited liability company and converted to a Nevada corporation in 2008. The company operates an integrated midstream platform providing crude oil transportation, terminaling, and marketing services across major U.S. producing basins. Key acquisitions include terminaling facilities in Colorado City, Texas, and Delhi, Louisiana, in 2022, and trucking, pipeline, and storage operations (the "Endeavor Entities") in 2024. Vivakor has also developed Remediation Processing Centers ("RPCs") for recovering hydrocarbons from oil-contaminated materials, with prior trials in Kuwait achieving Category A approval under the United Nations-funded Kuwait Environmental Remediation Project. The company operates through wholly-owned and majority-owned subsidiaries. Vivakor operates across three business segments: crude oil transportation, terminaling and storage facility services, and marketing and trading. A fourth segment, remediation services, is under development and is expected to commence operations in the first quarter of 2026. The transportation and facility operations form the foundation of the business, while marketing and trading activities involve buying and selling oil and oil-related commodities. The remediation segment, once operational, is expected to provide treatment and recycling solutions for oilfield waste and related materials. The crude oil transportation segment includes trucking and pipeline operations, transporting crude oil and constituent products, including crude oil waste streams. This infrastructure serves Colorado's DJ Basin, Central Oklahoma's STACK play, and the Permian and Eagle Ford Basins of Texas.