Vivakor, Inc. announces non-binding letter of intent to acquire Coyote Oilfield Services, LLC.
Acquisition aims to expand Vivakor's midstream capabilities in energy transportation and logistics.
Coyote's expertise in pipeline development, terminal operations, and marketing to enhance Vivakor's integrated infrastructure solutions.
Strategic Acquisition
Vivakor aims to bolster its midstream capabilities through the acquisition of Coyote Oilfield Services, expanding its market presence.
Complementary Expertise
Coyote's proficiency in pipeline development and oilfield services will strengthen Vivakor's integrated infrastructure offerings.
Market Positioning
The acquisition is expected to deepen Vivakor's relationships with key energy sector players and optimize asset utilization.
- The acquisition is set to broaden Vivakor's scope in the energy value chain, reinforcing its position as a comprehensive provider of transportation and storage solutions.
- Coyote's proven track record in energy infrastructure design and construction is poised to enhance Vivakor's project execution capabilities.
The agreement with Coyote Oilfield Services marks a significant step for Vivakor towards expanding its market reach and enhancing its integrated midstream services.