Vivakor targets July 31 close for USD 36 million Oklahoma midstream asset sale to Olenox

Vivakor, Inc.
Vivakor, Inc.

Vivakor, Inc.

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Vivakor, Inc.

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  • Vivakor amended an LOI with Olenox to sell its CPE Gathering MidCon midstream business for about USD 36 million.
  • Target closing set for July 31, 2026, pending due diligence, third-party consents, definitive documents, closing conditions.
  • Asset includes the Omega crude oil gathering, transportation, terminaling system in Oklahoma’s STACK region.
  • Deal value based on expected annual EBITDA of about USD 4.56 million under take-or-pay contracts.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivakor Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607020900PRIMZONEFULLFEED9756050) on July 02, 2026, and is solely responsible for the information contained therein.

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