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Greetings All,
Shares of VIVK hit over the 30 cent mark today, and seem to be capturing the attention of Wall Street!
This may be a bounce in the making as shares hit around 26 cents last week so hurry and get the stock on your radar.
VIVK may be one of our biggest discoveries with the innovative technology the company is working with.
This is a technology that could gain the attention of giant oil corporations, governments and municipalities all over the globe.
Oil is a trillion-dollar space that makes up a sizable portion of the global economy. We rely on oil for so many things and it will be awhile before we can rely solely on alternative energies.
At under $1.00, VIVK may be at ground-floor levels... you may be amazed at what this company is up to!
Read our exclusive report below:
Vivakor, Inc. (OTC: VIVK)
[www.vivakor.com](
Vivakor Inc.'s (OTC: VIVK) corporate mission is to create, acquire and accumulate distinct assets, intellectual properties, and exceptional technologies.
VIVK's industry disruptive intellectual properties consist of a proprietary, environmentally clean solvent and methodology for extraction of crude oil and technically advanced, proprietary methods for very high-yield extraction of precious group and rare earth metals.
Both of the technologies utilized are low-cost, proprietary and are proving themselves as industry disruptive.
With VIVK's oil technology, there will never be a âdry holeâ problem that is usually associated with oil investments!
According to VIVK, its closed-loop process makes it the FIRST company to consistently produce oil from oil sands while utilizing an environmentally friendly method.
The company's technology:
- Does not negatively impact the environment
- Is commercially viable
- Utilizes a combination of benign solvents to efficiently extract oil
- Adapts to various types of surface oil sands deposits
- Requires no water
- Requires no fracking
- Creates zero tailing ponds
- Returns clean sand and soil to its original location
VIVK can also be described by these three things:
- The Power of an Opportunity Zone
- Proprietary Technology
- Proven Royalty Program
The opportunity zone.... the company has already secured land in Eastern Utah where there are billions of barrels of oil in the rich oil sands.
The State of Utah is home to more than half of all U.S. oil sands deposits. The area could be a monstrous profit machine for the company's technology!
VIVK isnât peddling a mere concept but has genuine oil extraction technology that is operational and is in place in the oil sands region in the eastern area of Utah.
The Utah oil sands region is a great place to start this mission. According to the Utah Geological Survey, Utah oil sands region contains:
14B â 15B barrels of oil
23B â 28B barrels of estimated additional oil resources
A range of 100M â 23B barrels per oil sands deposit
Currently there is no real production from oil sands in the Utah Uinta basin, which provides VIVK a pivotal, strategic first-mover advantage. State of Utah political support has been obtained up through the Governorâs office.
VIVK is also diligently working on remediation and reclamation of oil that has spilled on to beaches and in oil fields where there is a considerable effect on the environment.
The company is focused in very specific markets where there is a considerable advantage to utilizing Vivakorâs proprietary, patent-pending technologies and methods for oil extraction and processing of high value resources.
Proprietary Technology...
VIVK's environmentally friendly oil sand separation process removes the hydrocarbon-emitting oil sands, leaving behind only clean dry sand and fresh air.
In this process oil sand is loaded into dump trucks from the existing local mines and delivered to the processing plant.
Separation of the oil sand uses no water or steam and instead is accomplished using a proprietary extraction fluid to dissolve the hydrocarbon components.
In the first stage of the process, oil sand is thoroughly mixed with the solvent forming a slurry of sand, oil and extraction fluid.
This slurry moves from the mixing chamber into a separation chamber where the solid sand is separated from the fluid oil/extraction fluid solution by gravity.
From here, the sand, which is clean but still damp, is conveyed through a dryer where the extraction fluid is reclaimed. Meanwhile, the oil/extraction fluid mixture travels to a separate chamber where the oil is separated from the extraction fluid and the extraction fluid is reclaimed.
The entire extraction process takes place in a series of sealed chambers so that there are no harmful emissions to the atmosphere.
Furthermore, the extraction fluid reclaimed from both the damp sand and the oil sand is recycled back into the process so that no toxic chemicals are released to soil or the environment.
When VIVK's oil sand separation process is complete, the extracted oil is placed into holding tanks to be removed by tanker trucks, and the clean sand is returned to the mining site.
The company's intellectual properties are industry disruptive (key metrics supported), with a very low cost structure in its operational model; providing a significant advantage in volatile priced markets.
VIVK's extraction technology can produce generally .8 â 1 barrel of oil per cubic yard (~1 ton) of Utah oil sands processed with a low sulfur content (sweet) and a ~35 API (light).
Refineries view these attributes as very advantageous; they actually pay a premium for such oil qualities, which is another huge plus for the company!
VIVK's technology has the ability to assist companies and governments in this effort, in particular where there is sand with oil that has been spilled.
One of the key issues is that this spilled soil/sand is now contaminated from the oil due to the composition of the oil. The spilled oil also interrupts and thus impacts operations for the oil producers.
This offers an enormous opportunity in this already established multi-billion dollar global market for cleanup of these tainted environments!
The company has commenced the site preparation necessary to commence using VIVK's patent pending technology in Kuwait.
Vivakor Middle East has partnered with R&E Petroleum in Kuwait, which is a KOC approved vendor. R&E will be handling all the construction and personnel needs of Vivakor Middle East in Kuwait and has been a very important partner in preparing the company's patent pending Remediation Processing Center's technology in that country.
"Vivakor has made incredible progress through this key relationship created with R&E Petroleum, and is pleased to announce that Vivakor Middle East will be partnering with R&E not only in Kuwait but in other Middle East North Africa (MENA) projects. R&E has a footprint not only in Kuwait but in many of the oil producing countries in the region. Vivakor philosophy has always been to seek the right operational partners to maximize the proprietary technology that has been created by the Company," stated Chief Executive Officer Matt Nicosia.
Proven Royalty Program...
Remediation Processing Centers (RPCs) are designed, engineered and manufactured in an Opportunity Zone in South Salt Lake, Utah, utilizing multiple patent-pending technologies owned by the company.
Each RPC can process up to 700 tons of hydrocarbon contaminated sands, with an operating life of at least 20 years.
The result is cleaned sand and an average of 250 barrels per day of hydrocarbon production that ranges from crude oil, bitumen used in the production of asphaltic cement or upgraded, lighter end hydrocarbon fuels. This production occurs in a fully enclosed, continuous feed operating system that uses no water and emits no harmful pollutants.
Proving to remediate oil spills and contaminated hydrocarbon sands, in an environmentally friendly way, has enormous upside implications for the company and the planet.
VIVK only recently announced that it has commenced manufacturing of its Remediation Processing Centers (RPCs) in a Utah Opportunity Zone, creating an enormous potential tax savings for its investors.
The warehouse facility is located in South Salt Lake City, UT, and is currently operated by a qualified opportunity zone company, RPC Design and Manufacturing, LLC.
"The first Remediation Processing Center is well underway, and anticipated to be complete in the next 45 days, where it will be deployed to Eastern Utah to begin immediately in the remediation of oil sands and production of the enormous bituminous materials in that area," stated Chief Executive Officer Matt Nicosia.
"We plan to build more than 30 units over the course of the next 18 months at this facility, with each unit projected to produce 250 barrels of hydrocarbons a day."
After having conducted multiple, successful pilots in Eastern Utah, the Company is poised to deploy these units throughout the world, providing a solution to the worlds need for clean and environmentally conscious hydrocarbon extraction.
VIVK announced in July that it has entered into an option agreement to purchase a private oil sands facility, with multiple resource reports showing more than 44 million barrels of heavy crude material on the property. The property is in the vicinity of Vernal, Utah, in an area of the state known as the Uinta Basin with incredibly rich oil sand deposits.
âThis is a very exciting development for the Company as we move closer to our goal of securing properties that cumulatively contain one billion barrels of recoverable crude,â stated Mr. Nicosia.
âOur team has become quite familiar with this property, and conducted a successful test of our proprietary, patent-pending Remediation Processing Center (RPC) technology on the site. We believe that our technology is the only proven process that can successfully separate hydrocarbon material from oil sands, in an environmentally-friendly and profitable way.â
The goal is to deploy the VIVK's latest Remediation Processing Center unit on the site, which has the ability to process 700 tons of material, or approximately 250 barrels of crude material a day, and to ultimately prove out the asset at a PV10 valuation of between $10-15 per barrel.
As part of the option agreement, VIVK will be required to perform continued testing and validation of the propertyâs resources within twelve months. Effectiveness of the agreement is subject to certain closing conditions, including receipt of sufficient financing by the Purchaser.
One industry that is said to be "always on" is the oil industry. We will need oil for many years to come, despite progressive moves towards electric vehicles and alternative energy. The world relies on oil to fuel heavy-goods vehicles, airplanes and ships, and to make plastics.
This is what makes VIVK so special. The company's game changing oil extraction technology could revolutionize the way we recover oil!
Share prices exploded from 25 cents to 75 cents earlier this year in just weeks. Could a same breakout be underway?
The stock is getting pretty active and it may not remain under Wall Street's radar much longer!
Vivakor, Inc. (OTC: VIVK) looks like a ground-floor opportunity to not ignore!
- DW Editor
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DearWallstreet.com has been paid up to $15,000 in cash compensation from Electrik Dojo for a profile of Vivakor Inc. (OTC:VIVK) which services include the issuance of this release and other opinions that we release concerning of Vivakor Inc. (OTC:VIVK) DearWallstreet.com has not investigated the background of Electrik Dojo, the hiring party, or Vivakor Inc. (OTC:VIVK) Anyone viewing this newsletter should assume Electrik Dojo or affiliates of Electrik Dojo, own shares of the Vivakor Inc. (OTC:VIVK) which they plan to liquidate, and further understand that the liquidation of those shares may or may not negatively impact the share price.DearWallstreet.com has received this amount as a production budget for advertising efforts and will retain amounts over and above the cost of production, copywriting services, mailing and other distribution expenses as a fee for our services. As such, our opinion is neither unbiased nor independent, and you should consider that when evaluating our statements regarding Vivakor Inc. (OTC:VIVK).
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