Vivakor’s Remediation Processing Centers use a proprietary, environmentally safe and clean solvent extraction process. This environmentally friendly oil sands separation process removes hydrocarbon trapped material, leaving behind only clean, dry sand and extracting a high value crude oil.
The Company is presently active in the rich Utah oil sands in the Uintah basin and Kuwait. Our closed loop, continuous feed system and heavy crude oil extraction technology is a socially responsible way to extract oil while cleaning environmentally contaminated areas.
As we come to the completion of Royalty II, the second Remediation Processing Center built by Vivakor, we look forward to providing continued production both in Utah and in Kuwait to benefit our shareholders and investors. As we move forward the world has begun to notice the impact of our Remediation Processing Centers. More and more countries and private business are reaching out to Vivakor to utilize its disruptive remediation technology.
VivaVentures Energy Group (VVEG) owns a proprietary, environmentally clean solvent and methodology for extraction of crude oil from the designated Utah Oil Sands area. The Company secured land in the area near Vernal, UT; Eastern Utah has over 32 billion barrels of oil in the rich oil sands within the State. As Vivakor acquired and developed its patented mobile technology and methodology for low-cost extraction of the highvalue oil, the Company also revealed an ability to offer remediation and reclamation of contaminated sands from oil spills in vital areas across the globe.
By investing in to Vivakor you receive the unique advantage of participating in an Opportunity Zone business. Vivakor’s operations are located in a qualified Opportunity Zone that can be found in South Salt Lake City, Utah. These benefits include but are not limited to the deferral of gains on the sale of stock, business or any other property until investor’s sale of interest, and no Capital Gains Tax on appreciation of investment above amount of Deferred Gain if held longer than 10 years.
With Vivakor’s oil technology, there will never be a “dry hole” problem that is usually associated with oil investments. Our oil sands material is proven and ready to process, permitting the company to offer an incredible royalty program to our investors. The Company is presently active in the rich Utah oil sands in the Uinta Basin and Kuwait. Our closed loop, continuous feed system and heavy crude soil extraction technology is a socially responsible way to extract oil while cleaning environmentally contaminated areas.
VivaVentures Energy Group (VVEG) is focused on natural resources in specific areas where there is a sizable advantage to utilizing Vivakor’s technology and methodology for extraction of high-quality oil from the rich, designated Eastern Utah oil sands area in a clean, environmentally responsible manner.
The Company is focused in very specific markets where there is a considerable advantage to utilizing Vivakor’s proprietary, patent-pending technologies and methods for oil extraction and processing of high value resources.
Vivakor has had four years of outstanding technology development and an ongoing 10 successive quarters of positive results that has provided great value for our shareholders. Vivakor’s industry disruptive intellectual properties consist of a proprietary, environmentally clean solvent and methodology for extraction of crude oil from the designated Utah Oil Sands area and technically advanced, proprietary methods for very high-yield extraction of precious group and rare earth metals.