Vivakor Signs LOI to Acquire Coyote Oilfield Services to Enhance Midstream Capabilities

Vivakor announced that it has signed a non-binding letter of intent to acquire Coyote Oilfield Services, through its affiliate Vivakor Midstream. 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. Michael Duffy, Managing Partner and Chief Executive Officer of Coyote Oilfield Services, added, "Vivakor's integrated midstream platform and disciplined approach to infrastructure development make them a strong strategic fit for Coyote. Our team has deep experience designing, constructing, and operating pipeline, terminal, and related oilfield infrastructure, and we believe combining those execution capabilities with Vivakor's broader platform will allow us to deliver projects more efficiently, scale solutions faster, and better support customers across key energy markets."