Vivakor Announces Proposed Hydrogen Plant and Fueling Station at a Texas International Airport

(NASDAQ:VIVK) Vivakor, Inc. announced it has received a signed, nonbinding letter of intent (LOI) dated October 14, 2026, from the operator of a major Texas international airport to negotiate a lease for approximately 12.9 acres at the airport. The proposed lease is for the development of a hydrogen production plant and fueling station. The LOI allows for consideration of additional land if necessary. Vivakor envisions a phased development, beginning with hydrogen and compressed natural gas (CNG) fueling infrastructure. The proposed facility would support the airport operator’s planned acquisition of 10 hydrogen-powered buses and provide CNG fueling capabilities for its existing vehicles. Additional airport transportation and airline ground support vehicles are identified as potential future applications. A second phase would involve the proposed development of an on-site hydrogen production plant using airport-generated organic waste, including food waste and sewage sludge, as potential feedstock. The concept aims to connect waste generated by airport operations with hydrogen fuel used in those same operations, creating opportunities to expand production and distribution as demand develops. The project would extend Vivakor’s environmental services strategy into the transportation fuel market, building on its Remediation Processing Center initiative. James H. Ballengee, Chairman and Chief Executive Officer of Vivakor, stated that the proposed development connects an initial airport fueling need with the company’s longer-term vision of recovering value from waste to produce transportation fuel. The proposed lease and development remain subject to negotiation of definitive agreements, Federal Aviation Administration (FAA) approval, required airport reviews and written approvals, and compliance with applicable local, environmental, and safety requirements.

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

(NASDAQ:VIVK) Vivakor, Inc. announced the completion of its due diligence review of Direct Midstream, LLC, advancing the proposed $40 million acquisition toward a definitive purchase agreement. The milestone is intended to move Vivakor closer to expanding its Permian Basin infrastructure and supports its Remediation Processing Center (RPC) strategy. Direct Midstream’s platform includes seventeen saltwater disposal facilities and nine fresh water and brine stations, with approximately 11.5 million barrels per month of permitted disposal capacity. The infrastructure serves oil and gas operators across the Permian Basin and would expand Vivakor’s participation in multiple stages of the energy services value chain. James Ballengee, Chairman, President and Chief Executive Officer of Vivakor, stated that Direct Midstream represents a substantial opportunity to expand the scale and reach of Vivakor’s infrastructure platform. The previously announced letter of intent contemplates a $40 million gross purchase price and a $10 million capital investment by Vivakor into Direct Midstream at closing, with the investment reducing the consideration payable to the seller dollar-for-dollar. Final transaction terms will be set forth in the definitive agreement, if executed. Execution of a definitive agreement and completion of the proposed acquisition remain subject to agreement on final terms, funding of the contemplated capital investment, and other applicable conditions. There can be no assurance that a definitive agreement will be signed or that the acquisition will close. Direct Midstream provides midstream energy and fluid management services, including saltwater disposal, produced water management, oil recovery and reclamation, slop oil processing, and related oilfield waste services. Direct Midstream utilizes Class II UIC wells, automation, and advanced monitoring systems to support safe, efficient, and environmentally responsible operations. Vivakor’s integrated facilities assets provide crude oil, storage, transportation, reuse, and remediation services under long-term contracts. Once operational, Vivakor's interest in oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products.

Vivakor Strengthens Permian Presence with 10 Pipeline Stations, Fueling Revenue and Margin Expansion

(NASDAQ:VIVK) Vivakor, Inc. announced that it owns and operates 10 strategically located pipeline injection stations in the core Permian Basin in Texas and New Mexico. The company’s facilities receive and aggregate crude oil transported by truck from production wells, throughputting volumes into interstate crude oil pipelines that include Centurion (Lotus), Plains Basin Pipeline (PAA), and the West Texas System (EPD). Vivakor operates one of the largest fleets of oilfield trucking services in the continental United States. The Permian accounts for more than 40% of total U.S. oil output, and Vivakor’s expanded operations are positioned to benefit from this. Vivakor’s integrated facilities assets provide crude oil and produced water gathering, storage, transportation, reuse, and remediation services under long-term contracts. Once operational, Vivakor's oilfield waste remediation facilities will facilitate the recovery, reuse, and disposal of petroleum byproducts and oilfield waste products. The company’s growth strategy is anchored in the Permian and Eagle Ford Basins.

Vivakor Resets Payment Date of Special Dividend to June 30, 2026

Vivakor, Inc. (NASDAQ:VIVK) announced it has reset the payment date of its previously announced special dividend to June 30, 2026. The adjustment is to allow additional time to complete required filings with the U.S. Securities and Exchange Commission. The special dividend will be paid to holders of record as of September 5, 2025. Vivakor currently holds 206,595 shares of Adapti, Inc. The payment date may be subject to further adjustment if filings are not completed in a timely manner.