{"success":true,"data":{"pressRelease":{"id":"60091","rtpr_id":"nGNX8ppPR2","ticker":"VIVKD","exchange":"OTC","all_tickers":["VIVKD"],"title":"Vivakor Announces Flagship Remediation Processing Center in Houston, Texas to be Commercially Operational in the Third Quarter of 2026","author":"Globe Newswire","published_at":"2026-06-10T12:30:00.683Z","article_body":"New Joint Venture Partnership Agreement Seeks Further Expansion\n\nDallas, TX, June 10, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK)\n(“Vivakor” or the “Company”), an integrated provider of energy\ntransportation, storage, reuse, and remediation services, today is pleased to\nannounce the execution of an agreement with Monarch R&P Management, LLC\n(“Monarch”), an entity affiliated with the principals of CA-2 Materials,\nInc. (“CA-2”) and Red Wave Industrial, LLC (\"Red Wave\"), establishing\nMonarch Remediation & Processing I, LLC, a joint venture formed to complete\ncommissioning and commence operations of Vivakor’s Houston-area Remediation\nProcessing Center (“RPC”) and associated ancillary wash plant facility.\n\nLocated in Harris County, Texas, the RPC facility represents an important\nexpansion of Vivakor’s remediation and environmental processing platform.\nThe execution of the joint venture and associated agreements mark a\nsignificant milestone as the Company and Monarch move from project development\nand construction activities toward commissioning, operational readiness, and\nthe expected commencement of commercial operations in the third quarter of\n2026.\n\nUnder the joint venture, Vivakor and Monarch will work collaboratively to\ncomplete commissioning activities, prepare the facility for initial\noperations, and support the transition of the RPC into commercial service. The\nCompany expects the RPC facility to complement its existing transportation,\nterminaling, storage, logistics, and supply and trading platform as Vivakor\ncontinues to build an integrated energy infrastructure and environmental\nservices business.\n\nVivakor Chairman and Chief Executive Officer James Ballengee commented, “The\nexecution of our agreement with Monarch represents an important step in\nadvancing our Houston RPC facility from construction into commissioning and\nanticipated commercial operations. This milestone reflects continued execution\nagainst our strategy to expand Vivakor’s integrated platform while adding\nsustainable environmental processing capabilities that are highly\ncomplementary to our existing midstream operations.”\n\nBallengee continued, “We believe Monarch brings valuable operational\nexperience and local market knowledge that can support the successful launch\nof the facility. Together, we are focused on completing commissioning\nactivities, preparing the RPC for initial operations, and positioning the\nproject for commercial activity beginning in the third quarter of 2026.”\n\nJ. Tyler Willis of Monarch added, “We believe this joint venture brings\ntogether highly complementary strengths. Vivakor contributes remediation\ntechnology, logistics capabilities, and a broader energy infrastructure\nplatform, while Monarch brings local waste management and environmental\nservices experience through its affiliation with CA-2 Materials and Red Wave\nIndustrial. Together, we are focused on completing commissioning and building\na reliable, compliant operation that can serve producers and industrial\ncustomers across the region.”\n\nThe Houston RPC is expected to serve as the first facility within Vivakor’s\nplanned domestic remediation platform. The Company intends to provide\nadditional updates as commissioning progresses and operational milestones are\nachieved.\n\nAbout Vivakor, Inc.\n\nVivakor, Inc. is an integrated provider of sustainable energy transportation,\nstorage, reuse, and remediation services, operating one of the largest fleets\nof oilfield trucking services in the continental United States. Its corporate\nmission is to develop, acquire, accumulate, and operate assets, properties,\nand technologies in the energy sector. Vivakor’s integrated facilities\nassets provide crude oil and produced water gathering, storage,\ntransportation, reuse, and remediation services under long-term contracts.\nOnce operational, Vivakor's interest in oilfield waste remediation facilities\nwill facilitate the recovery, reuse, and disposal of petroleum byproducts and\noilfield waste products.\n\nFor more information, please visit our website: http://vivakor.com\n\nCautionary Statement Regarding Forward-Looking Statements\nThis news release may contain forward-looking statements within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. Such forward-looking statements are based upon the current beliefs\nand expectations of our management and are inherently subject to significant\nbusiness, economic and competitive uncertainties and contingencies, many of\nwhich are difficult to predict and generally beyond our control. Actual\nresults and the timing of events may differ materially from the results\nanticipated in these forward-looking statements. Forward-looking statements\nmay be identified but not limited by the use of the words \"anticipates,\"\n\"expects,\" \"intends,\" \"plans,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\"\n\"believes,\" \"estimates,\" \"potential,\" or \"continue\" and variations or similar\nexpressions. Our actual results may differ materially and adversely from those\nexpressed in any forward-looking statements as a result of various factors and\nuncertainties, including, but not limited to, the expected transaction and\nownership structure, the valuation of the transaction, the likelihood and\nability of the parties to successfully and timely consummate planned\nacquisitions, the risk that any required regulatory approvals are not\nobtained, are delayed or are subject to unanticipated conditions that could\nadversely affect Vivakor or the expected benefits of the such transaction, our\nability to maintain the listing of our securities on The Nasdaq Capital\nMarket, the parties failure to realize the anticipated benefits of pending\ntransactions, disruption and volatility in the global currency, capital, and\ncredit markets, changes in federal, local and foreign governmental regulation,\nchanges in tax laws and liabilities, tariffs, legal, regulatory, political and\neconomic risks, our ability to successfully develop products, rapid change in\nour markets, changes in demand for our future products, and general economic\nconditions.\n\nThese risks and uncertainties include, but are not limited to, risks and\nuncertainties discussed in Vivakor's filings with the U.S. Securities and\nExchange Commission, which factors may be incorporated herein by reference.\nActual results, performance or achievements may differ materially, and\npotentially adversely, from any projections and forward-looking statements and\nthe assumptions on which those forward-looking statements are based. There can\nbe no assurance that the data contained herein is reflective of future\nperformance to any degree. You are cautioned not to place undue reliance on\nforward-looking statements as a predictor of future performance as projected\nfinancial information and other information are based on estimates and\nassumptions that are inherently subject to various significant risks,\nuncertainties and other factors, many of which are beyond our control. All\ninformation set forth herein speaks only as of the date hereof in the case of\ninformation about Vivakor and the Endeavor Entities or the date of such\ninformation in the case of information from persons other than Vivakor and the\nEndeavor Entities, and we disclaim any intention or obligation to update any\nforward-looking statements as a result of developments occurring after the\ndate of this communication. Forecasts and estimates regarding the Endeavor\nEntities industries and markets are based on sources we believe to be\nreliable; however, there can be no assurance these forecasts and estimates\nwill prove accurate in whole or in part.\n\nInvestor Contact:\nP:469-480-7175\ninfo@vivakor.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89ffdbcd-dcbe-45fc-805d-bece68fff440)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8ppPR2","title":"Vivakor Announces Flagship Remediation Processing Center in Houston, Texas to be Commercially Operational in the Third Quarter of 2026","author":"Globe Newswire","ticker":"VIVKD","created":"2026-06-10T12:30:00.683Z","tickers":["VIVKD"],"exchange":"OTC","article_body":"New Joint Venture Partnership Agreement Seeks Further Expansion\n\nDallas, TX, June 10, 2026 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK)\n(“Vivakor” or the “Company”), an integrated provider of energy\ntransportation, storage, reuse, and remediation services, today is pleased to\nannounce the execution of an agreement with Monarch R&P Management, LLC\n(“Monarch”), an entity affiliated with the principals of CA-2 Materials,\nInc. (“CA-2”) and Red Wave Industrial, LLC (\"Red Wave\"), establishing\nMonarch Remediation & Processing I, LLC, a joint venture formed to complete\ncommissioning and commence operations of Vivakor’s Houston-area Remediation\nProcessing Center (“RPC”) and associated ancillary wash plant facility.\n\nLocated in Harris County, Texas, the RPC facility represents an important\nexpansion of Vivakor’s remediation and environmental processing platform.\nThe execution of the joint venture and associated agreements mark a\nsignificant milestone as the Company and Monarch move from project development\nand construction activities toward commissioning, operational readiness, and\nthe expected commencement of commercial operations in the third quarter of\n2026.\n\nUnder the joint venture, Vivakor and Monarch will work collaboratively to\ncomplete commissioning activities, prepare the facility for initial\noperations, and support the transition of the RPC into commercial service. The\nCompany expects the RPC facility to complement its existing transportation,\nterminaling, storage, logistics, and supply and trading platform as Vivakor\ncontinues to build an integrated energy infrastructure and environmental\nservices business.\n\nVivakor Chairman and Chief Executive Officer James Ballengee commented, “The\nexecution of our agreement with Monarch represents an important step in\nadvancing our Houston RPC facility from construction into commissioning and\nanticipated commercial operations. This milestone reflects continued execution\nagainst our strategy to expand Vivakor’s integrated platform while adding\nsustainable environmental processing capabilities that are highly\ncomplementary to our existing midstream operations.”\n\nBallengee continued, “We believe Monarch brings valuable operational\nexperience and local market knowledge that can support the successful launch\nof the facility. Together, we are focused on completing commissioning\nactivities, preparing the RPC for initial operations, and positioning the\nproject for commercial activity beginning in the third quarter of 2026.”\n\nJ. Tyler Willis of Monarch added, “We believe this joint venture brings\ntogether highly complementary strengths. Vivakor contributes remediation\ntechnology, logistics capabilities, and a broader energy infrastructure\nplatform, while Monarch brings local waste management and environmental\nservices experience through its affiliation with CA-2 Materials and Red Wave\nIndustrial. Together, we are focused on completing commissioning and building\na reliable, compliant operation that can serve producers and industrial\ncustomers across the region.”\n\nThe Houston RPC is expected to serve as the first facility within Vivakor’s\nplanned domestic remediation platform. The Company intends to provide\nadditional updates as commissioning progresses and operational milestones are\nachieved.\n\nAbout Vivakor, Inc.\n\nVivakor, Inc. is an integrated provider of sustainable energy transportation,\nstorage, reuse, and remediation services, operating one of the largest fleets\nof oilfield trucking services in the continental United States. Its corporate\nmission is to develop, acquire, accumulate, and operate assets, properties,\nand technologies in the energy sector. Vivakor’s integrated facilities\nassets provide crude oil and produced water gathering, storage,\ntransportation, reuse, and remediation services under long-term contracts.\nOnce operational, Vivakor's interest in oilfield waste remediation facilities\nwill facilitate the recovery, reuse, and disposal of petroleum byproducts and\noilfield waste products.\n\nFor more information, please visit our website: http://vivakor.com\n\nCautionary Statement Regarding Forward-Looking Statements\nThis news release may contain forward-looking statements within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. Such forward-looking statements are based upon the current beliefs\nand expectations of our management and are inherently subject to significant\nbusiness, economic and competitive uncertainties and contingencies, many of\nwhich are difficult to predict and generally beyond our control. Actual\nresults and the timing of events may differ materially from the results\nanticipated in these forward-looking statements. Forward-looking statements\nmay be identified but not limited by the use of the words \"anticipates,\"\n\"expects,\" \"intends,\" \"plans,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\"\n\"believes,\" \"estimates,\" \"potential,\" or \"continue\" and variations or similar\nexpressions. Our actual results may differ materially and adversely from those\nexpressed in any forward-looking statements as a result of various factors and\nuncertainties, including, but not limited to, the expected transaction and\nownership structure, the valuation of the transaction, the likelihood and\nability of the parties to successfully and timely consummate planned\nacquisitions, the risk that any required regulatory approvals are not\nobtained, are delayed or are subject to unanticipated conditions that could\nadversely affect Vivakor or the expected benefits of the such transaction, our\nability to maintain the listing of our securities on The Nasdaq Capital\nMarket, the parties failure to realize the anticipated benefits of pending\ntransactions, disruption and volatility in the global currency, capital, and\ncredit markets, changes in federal, local and foreign governmental regulation,\nchanges in tax laws and liabilities, tariffs, legal, regulatory, political and\neconomic risks, our ability to successfully develop products, rapid change in\nour markets, changes in demand for our future products, and general economic\nconditions.\n\nThese risks and uncertainties include, but are not limited to, risks and\nuncertainties discussed in Vivakor's filings with the U.S. Securities and\nExchange Commission, which factors may be incorporated herein by reference.\nActual results, performance or achievements may differ materially, and\npotentially adversely, from any projections and forward-looking statements and\nthe assumptions on which those forward-looking statements are based. There can\nbe no assurance that the data contained herein is reflective of future\nperformance to any degree. You are cautioned not to place undue reliance on\nforward-looking statements as a predictor of future performance as projected\nfinancial information and other information are based on estimates and\nassumptions that are inherently subject to various significant risks,\nuncertainties and other factors, many of which are beyond our control. All\ninformation set forth herein speaks only as of the date hereof in the case of\ninformation about Vivakor and the Endeavor Entities or the date of such\ninformation in the case of information from persons other than Vivakor and the\nEndeavor Entities, and we disclaim any intention or obligation to update any\nforward-looking statements as a result of developments occurring after the\ndate of this communication. Forecasts and estimates regarding the Endeavor\nEntities industries and markets are based on sources we believe to be\nreliable; however, there can be no assurance these forecasts and estimates\nwill prove accurate in whole or in part.\n\nInvestor Contact:\nP:469-480-7175\ninfo@vivakor.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/89ffdbcd-dcbe-45fc-805d-bece68fff440)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-10T12:30:00.732114324Z","server_sent_at_ms":1781094600732},"received_at":"2026-06-10T12:30:01.384Z","source_url":"https://www.globenewswire.com/news-release/2026/06/10/3309693/0/en/Vivakor-Announces-Flagship-Remediation-Processing-Center-in-Houston-Texas-to-be-Commercially-Operational-in-the-Third-Quarter-of-2026.html"},"analysis":{"id":"49520","press_release_id":"60091","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["Commercial operations are still months away (Q3 2026), leaving execution risk.","Ticker VIVKD is a depositary share; the news relates to the parent company VIVK. Ensure correct ticker mapping for trading."],"eventType":"partnership","narrative":"Vivakor has executed a joint venture agreement with Monarch R&P Management to complete commissioning of its Houston-area Remediation Processing Center (RPC).\n\nThe partnership marks a transition from construction to operational readiness, with commercial operations targeted for the third quarter of 2026.\n\nThis facility is expected to be the first in Vivakor’s domestic remediation platform, complementing its existing midstream energy infrastructure services.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Vivakor secures JV partner to launch flagship remediation center in Q3 2026, marking a key step in its environmental services expansion."},"keyFigures":{"customDimensions":{"commercial_operations_target":"Q3 2026"}},"quotedText":"The execution of our agreement with Monarch represents an important step in advancing our Houston RPC facility from construction into commissioning and anticipated commercial operations.","namedEntities":{"people":[{"name":"James Ballengee","role":"Chairman and Chief Executive Officer"},{"name":"J. Tyler Willis","role":"Monarch Representative"}],"products":["Houston-area Remediation Processing Center","RPC"],"companies":[{"name":"Vivakor, Inc.","ticker":"VIVK","relationship":"filer"},{"name":"Monarch R&P Management, LLC","relationship":"joint venture partner"},{"name":"CA-2 Materials, Inc.","relationship":"affiliate of partner"},{"name":"Red Wave Industrial, LLC","relationship":"affiliate of partner"},{"name":"Monarch Remediation & Processing I, LLC","relationship":"joint venture entity"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Execution of a joint venture to complete commissioning of a flagship facility is a significant operational milestone, moving the asset from construction to near-commercial status. However, it is not yet generating revenue, and the timeline (Q3 2026) is still months away, preventing a score of 4 or 5."},"tickerRelevance":{"others":[{"ticker":"VIVK","relevance":"primary operating company (VIVKD is likely a depositary share or related security for VIVK)"}],"primary":"VIVKD"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"energy_services","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"Vivakor has executed a joint venture agreement with Monarch R&P Management to complete commissioning of its Houston-area Remediation Processing Center (RPC).\n\nThe partnership marks a transition from construction to operational readiness, with commercial operations targeted for the third quarter of 2026.\n\nThis facility is expected to be the first in Vivakor’s domestic remediation platform, complementing its existing midstream energy infrastructure services.","key_figures":{"customDimensions":{"commercial_operations_target":"Q3 2026"}},"named_entities":{"people":[{"name":"James Ballengee","role":"Chairman and Chief Executive Officer"},{"name":"J. Tyler Willis","role":"Monarch Representative"}],"products":["Houston-area Remediation Processing Center","RPC"],"companies":[{"name":"Vivakor, Inc.","ticker":"VIVK","relationship":"filer"},{"name":"Monarch R&P Management, LLC","relationship":"joint venture partner"},{"name":"CA-2 Materials, Inc.","relationship":"affiliate of partner"},{"name":"Red Wave Industrial, LLC","relationship":"affiliate of partner"},{"name":"Monarch Remediation & Processing I, LLC","relationship":"joint venture entity"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-10T12:36:27.680Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"energy_services","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":59584,"modelName":"george-droid-qwen-72b"}}