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Classified in: Mining industry, Health, Science and technology, Business
Subject: BUSINESS CONTRACTS

Vivakor's JV Partner Enters Contract in Saudi Arabia


LAS VEGAS, NV--(Marketwired - October 11, 2017) - Vivakor, Inc. (OTC PINK: VIVK) announced today that its JV partner, RRT, has entered into a new agreement for solid waste site remediation in Saudi Arabia.

Vivakor participates within the revenue from oily waste recycling at one of Global Environmental Management Services (GEMS) remediation sites. With 14 sites in various areas throughout Saudi Arabia, GEMS is part of a global group of companies dedicated toward preservation, protection and restoration of the environment. GEMS is a leading industrial waste management company. They provide hazardous waste-management, industrial and engineering services to the oil, petrochemical and industrial sectors throughout Saudi Arabia. Saudi Arabia has millions of tons of historical waste and continues to generate thousands of tons of solid and liquid waste weekly. The contract with GEMS provides a gateway into one of the largest and most attractive remediation and recycling markets.

Vivakor is an asset acquisition company focused on primarily energy projects, its patented, oil extraction technology and methodology operates in a production capacity in the oil-rich sands in Utah. Vivakor procures and develops revenue producing assets across the globe. These holdings include intellectual properties that are proprietary and largely disruptive while centered principally in the natural resources sector.

ABOUT VIVAKOR, INC.
For more information please visit www.vivakor.com.

FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including economic slowdown affecting companies, our ability to successfully develop products, rapid change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Vivakor's filings with the Securities and Exchange Commission, which factors may be incorporated herein by reference. Forward-looking statements may be identified but not limited by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.


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