Vivakor Signs Non-Binding LOI To Acquire Coyote Oilfield Services, Terms Undisclosed

Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), an integrated provider of energy transportation, storage, reuse, and remediation service, announced today that it has signed a non-binding letter of intent to acquire Coyote Oilfield Services, LLC ("Coyote"), through its affiliate Vivakor Midstream, LLC.

The proposed acquisition is intended to materially expand Vivakor's midstream capabilities by adding complementary expertise across pipeline development, terminal operations, oilfield services, and energy marketing, strengthening the Company's ability to deliver integrated infrastructure and logistics solutions to customers across the energy value chain.

The parties are working toward definitive agreements with a targeted closing on or before February 28, 2026, subject to customary conditions.