EXCLUSIVE: Olenox Industries Signs LOI To Acquire Vivakor's Midstream Business For ~$36M; Deal To Be Paid In Combo Of Cash, Promissory Note, Common And Preferred Stock

Olenox is executing an acquire-and-integrate strategy that elevates core brands to build an integrated energy, technology and infrastructure platform. Acquiring CPE Gathering from Vivakor would complement that strategy by expanding Olenox's addressable market for services, increasing fee-based, predictable revenue through integrated gathering and terminaling (thereby reducing exposure to commodity volatility), and generating operational synergies by aligning midstream logistics with Olenox's field services to lower per-well costs and improve uptime.