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Vivakor Completes Direct Midstream Due Diligence, Advancing Proposed $40 Million Acquisition Toward Definitive Agreement

Source: globenewswire.com

M&A & RestructuringEnergy Markets & PricesCompany Fundamentals
Vivakor Completes Direct Midstream Due Diligence, Advancing Proposed $40 Million Acquisition Toward Definitive Agreement

Vivakor's proposed acquisition would add 17 saltwater disposal facilities and approximately 11.5 million barrels per month of permitted disposal capacity. The added capacity would support the company's RPC strategy; no purchase price or expected financial impact is provided.

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mildly positive

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0.20

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VIVK0.55

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