Vivakor Announces Q4 and Year-End Results for Fiscal 2014

IRVINE, CA--(Marketwired - March 31, 2015) - Vivakor Inc. (OTC PINK: VIVK) reports that the Company closed its 2014 fourth quarter and year-end with solid financial results. This makes the seventh (7^th) successive quarter of positive figures from the Company. Much of Vivakor's success is attributed to the addition of a second, much larger precious metals extraction unit that augments their total processing capacity through their proprietary, disruptive technology and methodology for extraction of precious and base metals from ore bodies in Arizona and Colorado.

Vivakor's capital allocation approach has been at the center of every decision made in past couple of years. This has placed Vivakor in a much stronger position to continue with Precious Metals accumulation through the addition of a significantly larger processing unit. The Company realizes a highly efficient and optimized extraction process with a low cost basis and a strong precious metals yield from sand based ore that Vivakor processes.

The Company also added to its Natural Resources focus by entering into the Oil space in 2014 through its clean, green extraction of oil from the designated rich oil sands area of Eastern Utah.

Chairman and CEO Matt Nicosia stated, "We successfully executed on our key priorities and objectives in 2014, which included operational optimization, the acquisition of additional metals processing capabilities (increasing our asset base for that division) and overall diversification of our total assets. These were the right decisions for our shareholders and for the Company going forward through the remainder of this decade.

The following represent some of the financial highlights for the fourth-quarter (Q42014):

• Shareholder Equity increased 33% or $2.5M for the quarter ended December 31 2014. This represents a 2,582% Year-to-Date increase for 2014

• Liabilities were decreased 61% or $1M for the quarter ended December 31, 2014. This accounts for an overall decrease of 87% Year-to-Date for 2014

• Total Assets increased nearly 16% to $11M for the quarter ended December 31, 2014. Total assets accrued Year-to-Date in 2014 represent 92%

Vivakor is well poised to expand its operational capacity this year and remains attentive in its pursuit of other significant opportunities. Continuing to build a solid investment grade balance sheet was a major goal for us in 2014. Thank you to our shareholders, partners and sponsors, we appreciate your support!"