secwatch.observer — SEC 8-K summary
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Issuer:     Vivakor, Inc. (VIVK)
CIK:        0001450704
Form:       8-K
Filed at:   2026-06-18T21:06:30+00:00
Accession:  0001829126-26-006692
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivakor secures $115M Bakken and $54M Permian crude deals; total contracted revenue hits $323M
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- One-year Bakken transaction (120K bbl/month) expected to generate ~$115M annualized gross revenue starting July 2026.
- Permian Basin deal (2K bbl/day) adds ~$54M annualized; total contracted revenue now >$323M for 2026.
- Crude volumes flow through Vivakor's pipeline-connected injection stations in ND, TX, and NM.
- Revenues recognized as small percentage of contract value due to intermediary role; actual amounts vary by market conditions.
- Holders converted $175,200 of notes into 600K shares; Lenders converted $487,988 into 1.84M shares; shares issued without Rule 144 legend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626006692/0001829126-26-006692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1450704/000182912626006692/vivakorinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-006692

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer