Vivakor and Olenox Execute LOI Amendment for Approximately $36 Million Oklahoma Midstream Asset Sale

Vivakor, Inc. has executed an amendment to its Letter of Intent with Olenox Industries for the proposed sale of its CPE Gathering MidCon, LLC business, targeting a July 31, 2026 closing. The approximately $36 million transaction reflects CPE Gathering's expected annual EBITDA of $4.56 million. Both parties continue advancing due diligence, third-party approvals, and definitive transaction documentation.