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Acquiring Company
Olenox Industries
Acquired Company
Vivakor
BrooklynDallasOtherEnergyOil And GasRenewable EnergyConstructionBuilding MaintenanceBuilding MaterialEnergyOil And GasDescription
Olenox Industries Inc. has signed a letter of intent to acquire Vivakor's midstream business and assets for approximately $36 million. This acquisition will enhance Olenox's presence in the Oklahoma STACK play and generate fee-based cash flows. The transaction involves a combination of cash, notes, and stock, aiming to recommission the Omega pipeline system.
Fundz sees it the moment Olenox Industries makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Vivakor?
Vivakor was acquired by Olenox Industries, based in Brooklyn. The deal was reported on February 25, 2026. Olenox Industries Inc. is a publicly traded company focused on the energy sector. It aims to build an integrated energy, technology, and infrastructure platform. Olenox Industries is publicly traded (OLOX) and operates in Other.
When did Olenox Industries acquire Vivakor?
Olenox Industries's acquisition of Vivakor was reported on February 25, 2026. Olenox Industries Inc. has signed a letter of intent to acquire Vivakor's midstream business and assets for approximately $36 million. This acquisition will enhance Olenox's presence in the Oklahoma STACK play and generate fee-based cash flows. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Vivakor do?
Vivakor is a company with a focus on continued growth and development in various sectors such as finance, accounting, risk, mergers, and acquisitions. It is publicly traded (VIVK), operating in Energy, and is based in Dallas.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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