Vivakor, an integrated provider of energy transportation, storage, reuse and remediation services, closed its previously announced acquisition of Endeavor Crude, Meridian Equipment Leasing, Equipment Transport and Silver Fuels Processing, as well as their subsidiaries.
“The closing of the Endeavor Entities was a significant undertaking, with multiple business lines, spanning over six months in the making, culminating in Vivakor now owning one of the largest combined fleets of oilfield services in the continental United States,” James Ballengee, chairman, president, and CEO of Vivakor, said. “The integration and consolidation of existing operations creates immediate value within our financial framework, by delivering sustainable accretion to earnings that will result in increased shareholder value over time. We couldn’t be more excited about this acquisition.”
